The first bid for Northvolt – the entire estate could be sold

For the first time an interested party has put in a bid to buy the entirety of Northvolt’s operations.
The bankruptcy receiver Mikael Kubu told Ekot.

Photo of Northvolt’s factory in Skellefteå.

Photo of Northvolt’s factory in Skellefteå.

Foto: Magnus Lindkvist

Skellefteå2025-06-25 17:10

Mikael Kubu told the radio programme Ekot that a foreign interested party has put in a bid to buy the entirety of the bankruptcy estate – that includes both the factory in Skellefteå and the development centre in Västerås.

– We now have an indicative bid on the table and hope for more indicative bids. At the same time as there is a great deal of conditions when it comes to these bids and these conditions must be possible to meet, Mikael Kubu tells Ekot.

Bankruptcy receiver Mikael Kubu.
Bankruptcy receiver Mikael Kubu.

According to Ekot this is a non-binding bid that can be seen as a start of more concrete negotiations. Kubu says that there are three potential buyers of the operations and that it is the first time that a bid has been made for the bankruptcy estate as a whole. He does not want to share any details about the bidder.

He tells Ekot that the negotiations are moving forward and he counts on receiving another bid today:

– Yes, it’s moving forward. Then of course there is a limited amount of time and the problem is that there are fewer and fewer employees and a buyer will naturally not just want to buy machines but will also need the right expertise. It’s still a fight against the clock.