Permascand Merges with Magneto Special Anodes under Altor's Leadership
Deal News | Feb 13, 2025 | White & Case
Permascand, backed by private equity firm Altor, is merging with Magneto Special Anodes. The merger is a strategic move intended to expand operational capabilities and market reach. Legal advice for the merger has been provided by White & Case, ensuring smooth negotiations and compliance with regulations. Details on the financial terms of the merger have not been disclosed, but the move is significant in the materials manufacturing industry.
Sectors
- Materials Manufacturing
- Private Equity
- Legal Advisory
Geography
- Sweden – Altor's Permascand is headquartered in Sweden, indicating a geographical focus for the merger's primary activities.
Industry
- Materials Manufacturing – The merger involves Permascand and Magneto Special Anodes, both of which operate within the materials manufacturing sector, specifically in the production of anodes and related components.
- Private Equity – Altor, a private equity firm, is facilitating the merger, highlighting the role of private equity in orchestrating and financing mergers and acquisitions.
- Legal Advisory – White & Case is providing legal advisory services for the merger, illustrating the involvement of legal experts in M&A transactions.
Financials
- Not Disclosed – The financial details of the merger between Permascand and Magneto Special Anodes have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Permascand | Target Company | Company | Permascand is the target company in the merger, known for its production of electrodes and water treatment technologies. |
| Magneto Special Anodes | Merging Company | Company | Magneto Special Anodes is merging with Permascand, operating in the production of specific anode solutions. |
| Altor | Private Equity Firm | Company | Altor is the private equity firm backing Permascand in the merger. |
| White & Case | Legal Advisor | Company | White & Case is serving as the legal advisor for the merger between Permascand and Magneto Special Anodes. |