Preh GmbH agreed to acquire E-power Nordic AB from Kongsberg Automotive ASA (OB:KOA) on November 24, 2017. Lennart Garpenstedt, the E-Power Business Unit Head of Kongsberg Automotive, will become Managing Director of the future company Preh Sweden AB. E-power directly employs 20 people in Gothenborg and Mullsjö. E-Power will become part of the e-mobility business within Preh Sweden AB. The transaction is expected to close by the end of 2017. N M Rothschild & Sons Limited acted as financial advisor for E-power Nordic AB. Rothschild & Co acted as financial advisor to Kongsberg Automotive ASA Preh GmbH completed the acquisition of E-power Nordic AB from Kongsberg Automotive ASA (OB:KOA) on January 15, 2018.