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

By MGN EditorialFebruary 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

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