10 Feb 2025 KMW advised Permascand and Altor on the acquisition of Magneto Special Anodes
Our firm advised Swedish-based Permascand, a portfolio company of Altor Equity Partners, on its acquisition of Magneto Special Anodes from NYSE-listed global water solutions company Xylem Inc.
Permascand is a technology-driven manufacturer of world-leading electrochemical solutions – based on proprietary catalytic coatings – for clean tech applications. Magneto Special Anodes, headquartered in the Netherlands, designs, produces and supplies titanium-based anodes with precious metal coatings. The company operates production facilities in both the Netherlands and China and employs approximately 190 people. Permascand and Magneto Special Anodes will merge to create a global leader in catalytic coatings and electrodes for premium segment customers.
White & Case acted as lead counsel to Permascand and Altor.