Permascand and Magneto Special Anodes merge to create a global leader in the advanced electrochemical sector - David Ekberg joins as CEO of the new company

LJUNGAVERK, Sweden, Feb. 10, 2025 /PRNewswire/ -- Swedish-based Permascand, owned by Altor, has merged with Magneto Special Anodes to form a global leader in catalytic coatings and electrodes for premium segment customers. Magneto Special Anodes, formerly a brand of global water solutions company Xylem Inc. (NYSE:XYL), has production facilities in the Netherlands and in China.