Setterwalls has advised Micropower Group AB in connection with the acquisition of Swede Electronics AB

Setterwalls has advised Micropower Group AB in its acquisition of all shares in Swede Electronics AB.

Micropower Group AB has acquired all shares in Swede Electronics AB. Swede Electronics AB designed its first battery charger in 1982 and have since been a leading manufacturer and supplier of these type of products to the automated aid equipment market segment and to the industry sector in general. Swede Electronics AB’s chargers are mostly used together with electric wheelchairs, vehicles and cleaning machines. Apart from manufacturing and service of battery chargers, Swede Electronics AB also offers customized construction and production of other types of electronics. Micropower is one of the world’s leading industrial battery and charger companies.

Setterwalls has acted as legal counsel for Micropower Group throughout the entire transaction process.