Nevel Ab entered into an agreement to acquire ÅMotfors Energi Ab from Nordic Paper Holding AB (publ) (OM:NPAPER) and others on October 5, 2022.

Nevel Ab completed the acquisition of ÅMotfors Energi Ab from Nordic Paper Holding AB (publ) (OM:NPAPER) and others in December, 2022. Nordic Paper Holding sold its 37.6% stake, representing 16.938 million shares in ÅMotfors Energi for SEK 42 million on October 5, 2023.