← Back to News
energy

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

Related Articles

Maritime Industry Briefing: Manufacturing Momentum, Safety Systems Growth, and Clean Energy Deals Shape Industrial Outlook

A strong July 2026 manufacturing PMI reading, projected growth in fire and gas detection markets, and a major renewable energy power purchase agreement signal broad industrial expansion with implications for maritime supply chains and vessel safety sectors.

Aug 3, 2026

Maritime Industry Briefing: Critical Minerals Investment Surges as Technology Sector Eyes Supply Chain Security

A $310 million Series B raise for critical minerals producer Mariana Minerals headlines a week of energy and technology news with downstream implications for shipbuilding, naval defence, and maritime supply chains.

Aug 3, 2026

NYK Deepens LNG Commitment with MidOcean Energy Investment

Japanese shipping giant NYK Line is expanding its footprint along the LNG value chain through a strategic investment in MidOcean Energy, signalling continued industry confidence in liquefied natural gas as a transition fuel.

Aug 3, 2026

MediSun Energy and JA Solar Sign MoU to Develop Zero-Carbon Water Systems for Island and Coastal Markets

MediSun Energy and JA have formalised an Ecosystem Partnership MoU aimed at deploying integrated zero-carbon water technology solutions across island and coastal environments, signalling growing industry interest in sustainable infrastructure for maritime and littoral communities.

Aug 3, 2026

Energy Sector Briefing: Infrastructure Contracts, Corporate Earnings, and Emerging Mobility Technologies

A roundup of recent energy and infrastructure developments, including a major power contract for Puerto Rico, strong quarterly earnings from Loews Corporation, and an advanced air mobility demonstration in Kazakhstan.

Aug 3, 2026