Mergers, Acquisitions & Exits

Volvo Penta buys minority stake in Utility Innovation Group

> 2023-04-11T14:25:00

Volvo Utility Innovation Group

Investment to accelerate electric grid innovation, Swedish firm says

Sweden’s Volvo Penta has acquired a minority stake in Utility Innovation Group (UIG), a US-based specialist in utility systems and decentralised energy solutions.

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