Fenwick Represents Cuberg in Acquisition by Northvolt to Commercialize Next-Generation Battery Cells for Electromobility

Fenwick represented Cuberg, a U.S.-based battery technology company delivering high-performance lithium metal cells produced on existing lithium-ion manufacturing lines for electromobility solutions, in its acquisition by Northvolt, a European supplier of sustainable, high-quality battery cells and systems.

Northvolt will establish an advanced technology center in Silicon Valley, and its U.S. operations, led by Cuberg, will develop next-generation battery cells for the electromobility market with a lower price point, better performance and increased safety. More information can be obtained from the company’s announcement.

The Fenwick transaction team was led by corporate partners Mark Leahy and Stephen Fisher, and included corporate associate Victoria Wong; executive compensation and employee benefits partner Gerald Audant and associate Corinne Nhaissi; technology transactions partner Ralph Pais and associate Julia Arruda; and tax partner William Skinner and associate Timmoney Ng.