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Holding Company
pcs-holding.ch

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Investments

3

About PCS Holding

PCS Holding through its subsidiaries provides textile machinery, heat management vehicle, mountain cars, trolleybuses, heat shields, floor insulators, and sealant products.

PCS Holding Headquarter Location

Ernst-Stadler-Strasse 1

Bussnang, 9565,

Switzerland

+41 716263157

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Latest PCS Holding News

Northvolt raises $600 million in equity to invest in capacity expansion, R&D and giga-scale recycling

Oct 2, 2020

Northvolt announced the signing of a $600 million private placement, led by Baillie Gifford, Goldman Sachs Merchant Banking Division and Volkswagen AG, enabling the company to make further investments in expanding its production and recycling capacity as well as R&D activities to support the target of establishing 150 GWh of manufacturing capacity in Europe by 2030. In this private placement, a new group of international institutional investors join as Northvolt shareholders: Baillie Gifford, Baron Capital Group, Bridford Investments Limited, Norrsken VC & PCS Holding. Private investors Cristina Stenbeck and Daniel Ek also participate in the equity raise together with existing Northvolt shareholders Goldman Sachs Merchant Banking Division, IMAS Foundation, Scania and Volkswagen AG. Peter Carlsson, co-founder and CEO of Northvolt, commented: “We are in the middle of a race to establish manufacturing capacity in Europe, and I believe the companies that are best at attracting talent and capital, while scaling their blueprints the fastest, will be the most successful. With these world-class partners behind us, we have created a solid foundation to go on and execute our plans to enable large-scale manufacturing of green batteries in Europe.” The private placement will enable Northvolt to make further investments in three key areas: – Increasing production capacity of battery cells and systems to support the goal of establishing 150 GWh of manufacturing output in Europe by 2030. – Expanding the Northvolt Labs Campus, where the company’s R&D activities take place. Northvolt Labs is expected to double in size over the coming years in terms of investment and footprint. – Establishing a giga-scale lithium-ion battery recycling facility next to the Northvolt Ett gigafactory. The facility will become the largest in the world with an initial capacity of 4 GWh, and the only large-scale facility in Europe capable of recycling lithium in addition to cobalt, nickel, manganese and other metals. The Northvolt Ett gigafactory in Skellefteå, Sweden, with a potential annual output of 40 GWh, is under construction and scheduled for start of production in 2021. In parallel, the permitting process is underway for Northvolt Zwei in Salzgitter, Germany, which is scheduled to commence operations in 2024 with an initial output of 16 GWh. Collectively, these initiatives will facilitate Northvolt’s target of a 25 percent market share in Europe by 2030, equaling approximately 150 GWh of commissioned annual production capacity, with 50 percent of its raw material coming from recycled batteries. Goldman Sachs International and Morgan Stanley & Co. International plc act as financial advisors to Northvolt . Oct 2, 2020 Blagojce Krivevski

PCS Holding Investments

3 Investments

PCS Holding has made 3 investments. Their latest investment was in Northvolt as part of their Unattributed VC - II on June 6, 2021.

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PCS Holding Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/9/2021

Unattributed VC - II

Northvolt

$2,750M

No

7

9/29/2020

Unattributed VC

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$99M

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10

Other Investors

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$99M

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10

Date

6/9/2021

9/29/2020

Round

Unattributed VC - II

Unattributed VC

Other Investors

Company

Northvolt

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Amount

$2,750M

$99M

$99M

New?

No

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Co-Investors

Sources

7

10

10

PCS Holding Acquisitions

1 Acquisition

PCS Holding acquired 1 company. Their latest acquisition was Traktionssysteme Austria on May 04, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/4/2020

Corporate Majority

2

Date

5/4/2020

Investment Stage

Companies

Valuation

Total Funding

Note

Corporate Majority

Sources

2

PCS Holding Team

1 Team Member

PCS Holding has 1 team member, including current Chief Financial Officer, Bettina Iseli.

Name

Work History

Title

Status

Bettina Iseli

Chief Financial Officer

Current

Name

Bettina Iseli

Work History

Title

Chief Financial Officer

Status

Current

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