Nordic Capital has become the largest shareholder in Soltech Energy Sweden AB through the acquisition of Sesol Group AB in an all-share transaction, marking a significant consolidation effort in Sweden's solar energy market.

Information on the Target

Nordic Capital has secured its position as the largest shareholder in Soltech Energy Sweden AB following a strategic agreement for Soltech to acquire Sesol Group AB in an all-share transaction. This deal is a significant move within the solar energy market in Sweden, set to be finalized in the third quarter of 2025, subject to necessary regulatory and shareholder approvals.

As part of this acquisition, Soltech will issue new shares to Nordic Capital, resulting in the private equity firm holding approximately 30% of Soltech. This transaction not only positions Nordic Capital as the largest shareholder but also allows it to occupy two board seats within Soltech's governance structure.

Industry Overview in Sweden

The solar energy industry in Sweden has been experiencing a robust growth trajectory, driven by government initiatives aimed at increasing renewable energy sources and reducing carbon emissions