M&A Deal Summary

Permascand Acquires Magneto

On February 10, 2025, Permascand acquired electrical equipment company Magneto from Evoqua

Acquisition Highlights
  • This is Permascand’s 1st transaction in the Electrical Equipment sector.
  • This is Permascand’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2025-02-10
Target Magneto
Sector Electrical Equipment
Buyer(s) Permascand
Sellers(s) Evoqua
Deal Type Merger

Target

Magneto

Schiedam, Netherlands
Magneto is a developer and manufacturer of anodes for the electrochemical industry and refurbishment of electrochlorination cells for seawater electrolysis. Magneto was founded in 1957 and is based in Schiedam, Netherlands.

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Buyer(S) 1

Buyer

Permascand

Ljungaverk, Sweden

Category Company
Founded 1971
Sector Manufacturing
Employees120
Revenue 227M SEK (2014)
DESCRIPTION

Permascand is an engineering and manufacturing company across the business areas of electrochemical process technology, water treatment systems and welded equipment & components. Permascand was founded in 1971 and is based in Ljungaverk, Sweden.


DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Merger) 1 of 1
Country (Netherlands) 1 of 1
Year (2025) 1 of 1

Seller(S) 1

SELLER

Evoqua

Pittsburgh, Pennsylvania, United States

Category Company
Founded 2014
Sector Environmental
Revenue 1.7B USD (2022)
DESCRIPTION

Evoqua provides water and wastewater treatment products, systems, and services for industrial and municipal customers. Its comprehensive, cost-effective, and reliable treatment systems and services reduce fresh water demand, ensure uninterrupted quantity and quality of water, and enable regulatory and environmental compliance. With a wide range of proven product brands and advanced water and wastewater treatment technologies, mobile and emergency water supply solutions, and service contract options, Evoqua helps cities provide clean water and industrial plants to maintain productivity and profitability. Evoqua was founded in 2014 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 3 of 3
Sector (Electrical Equipment) 1 of 1
Type (Merger) 1 of 1
Country (Netherlands) 1 of 1
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-16 Evoqua - Carbon Reactivation and Exchange Services Business

Pittsburgh, Pennsylvania, United States

Evoqua's Carbon Reactivation and Exchange Services Business includes Evoqua’s product lines’ workforce, reactivation facilities and associated equipment. Evoqua's Carbon Reactivation and Exchange Services Business is based in Pittsburgh, Pennsylvania.

Sell -