← Back to News
energy

Permascand and Magneto Merge to Form Elicron, Eyeing Evolving Maritime Markets

By MGN Editorial•February 19, 2026 at 11:05 AM

Permascand and Magneto Special Anodes have merged to create a new company, Elicron, focused on supporting customers' operational excellence in evolving maritime markets.

Stockholm, Sweden - Building on the merger of Permascand and Magneto Special Anodes, the newly formed company Elicron is entering a new chapter, according to a press release from the firm. The new name 'Elicron' reflects the company's strong legacy and its ambition to support customers' operational excellence in evolving maritime markets. The merger, which took place a year ago, has now culminated in this rebranding effort. 'A year ago, we embarked on an exciting journey by merging Permascand and Magneto Special Anodes. Today, we are thrilled to introduce Elicron - a name that captures our commitment to evolving forward and delivering innovative solutions to our customers,' said the company's CEO, Johanna Johansson. Elicron will continue to provide a range of products and services to the maritime industry, including corrosion protection systems, impressed current cathodic protection (ICCP), and other specialized solutions. The company's focus will be on helping customers optimize their operations and navigate the changing landscape of the industry. 'The maritime sector is undergoing significant transformation, driven by evolving regulations, sustainability demands, and technological advancements,' Johansson explained. 'As Elicron, we are positioned to support our customers in meeting these challenges and seizing new opportunities.' The rebranding announcement comes at a time when the maritime industry is grappling with a range of issues, from decarbonization efforts to supply chain disruptions. By leveraging the combined expertise and resources of Permascand and Magneto Special Anodes, Elicron aims to be a trusted partner for its customers in navigating these complex and rapidly evolving market conditions. 'We are excited to embark on this new chapter as Elicron,' Johansson concluded. 'Our commitment to innovation, customer service, and operational excellence remains unwavering, and we look forward to collaborating with our partners to shape the future of the maritime industry.'
#mergers-and-acquisitions#corrosion-protection#maritime-technology#operational-excellence

Related Articles

Elemental Energies Secures Two-Year Contract to Support Viking CCS Expansion in North Sea

Aberdeen-based well engineering specialist Elemental Energies has won a two-year contract from Harbour Energy to provide integrated subsurface and well engineering support for the Viking carbon capture and storage project in the UK southern North Sea.

Nov 11, 2026

Maritime Industry Briefing: Energy Technology Developments With Broader Sector Implications

This week's energy sector news highlights advances in solar leadership and battery storage technology, developments that carry growing relevance for the maritime industry's ongoing decarbonisation and electrification agenda.

Nov 11, 2026

Maritime Industry Briefing: EV Charging Milestone Holds Limited Relevance for Ports Sector

A review of recent maritime-adjacent industry news finds limited direct sector relevance this cycle, with one notable energy transition story from the road transport space offering broader context for port electrification trends.

Nov 10, 2026

Maritime Industry Briefing: Energy Transition and Sustainability Developments

This week's briefing covers developments in battery technology, electric vehicle infrastructure, and leadership insights relevant to the maritime sector's ongoing energy transition.

Nov 10, 2026

CITGO Expands Texas Fuels Distribution with New Luling Terminal

CITGO Petroleum Corporation has commenced full operations at a newly constructed terminal and truck rack in Luling, Texas, strengthening its fuels distribution network across the state.

Nov 10, 2026