The purchase price will be settled in newly issued Soltech shares, making Nordic Capital the largest shareholder with an ownership stake of about 30 percent. The transaction is still subject to regulatory approvals and to resolutions at an Extraordinary General Meeting.
Local electricity production “crucial in times of crisis”
To strengthen the Group’s financial position after the acquisition, Soltech plans a rights issue of about SEK 335 million in the third quarter of 2025, pending shareholder approval. Nordic Capital has undertaken to subscribe for around SEK 100 million and to underwrite a further SEK 50 million.
Sweden's largest solar façade up and running
Through the transaction, Soltech becomes the owner of Sesol, one of Sweden’s largest consumer-market solar companies, adding a 20th subsidiary to the Group. The acquisition is expected to generate synergies in purchasing, facilities and sales, strengthening Soltech’s position in the consumer and agricultural segments.
Lyten acquires Northvolt battery plants in Sweden and Germany
Soltech currently owns 19 operating companies in Sweden, Spain, and the Netherlands. With Sesol integrated, the Group expands its platform in solar, battery storage, charging infrastructure and energy efficiency solutions, consolidating its role in the Nordic solar energy market. (hcn)