BEST Magazine
2 March 2026
Lyten Completes $5B Northvolt Acquisition in Sweden
Why It Matters for ITAD
Market movements like this can signal shifts in demand for ITAD services. New technologies may create opportunities or challenges for equipment processing.
Lyten has completed its nearly $5 billion acquisition of Northvolt’s battery operations in Sweden, securing the Northvolt Ett site in Skellefteå and Northvolt Labs in Västerås, providing 16 GWh of existing manufacturing capacity, more than 160 hectares of industrial land and Europe’s largest battery R&D centre. The Northvolt Ett facility is now preparing to restart production, with commercial…
Key Takeaways
- • Lyten Completes $5B Northvolt Acquisition in Sweden.
