Alecta Tjänstepension Ömsesidigt, the Sweden based asset manager, Formica Capital AB, the Sweden based investment firm, and Absolute Unlisted AB, the Sweden based investment firm has acquired SEK 1.1bn worth of shares in Polarium Energy Solutions AB, the Sweden based company that provides energy storage solutions built on lithium-ion technology for the telecom, commercial, and industrial segments.
Target – Polarium Energy Solutions AB
Buyer – Formica Capital AB
Buyer – Alecta Tjänstepension Ömsesidigt
Buyer – Absolute Unlisted AB
Seller – Shareholders