← 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.'

Source: PR Newswire - Energy

#mergers-and-acquisitions#corrosion-protection#maritime-technology#operational-excellence

Related Articles

U.S. Escalates Iran Pressure Through Maritime Blockade and Financial Sanctions, Straining Global Oil Markets

The United States intensified its campaign against Iran with coordinated maritime and financial sanctions, including a naval blockade that has forced crude oil into floating storage and boosted energy company profits. The move underscores escalating geopolitical risks to global shipping.

May 2, 2026

Offshore Energy Sector Advances on Infrastructure and Supply Fronts

From offshore wind cable installations to exploration investments and safety compliance, the offshore energy industry is moving forward on multiple fronts to address long-term supply challenges and infrastructure needs.

May 2, 2026

Offshore Energy Sector Gains Momentum with Major Contract Awards and Regulatory Approvals

The offshore oil and gas industry is experiencing renewed activity, with major contract awards for subsea engineering projects, expanded services, and regulatory approvals across key producing regions including Angola, Australia, and the North Sea.

May 2, 2026

Eneos Returns to Malaysian LNG Project in Strategic Energy Partnership with Petronas

Japan's Eneos Group has rejoined a significant Malaysian offshore LNG project through subsidiary Eneos Explora, strengthening energy ties with state-owned Petronas and bolstering liquefied natural gas supplies from Southeast Asian waters.

Apr 30, 2026

Expand Energy Secures 20-Year LNG Supply Agreement with Delfin FLNG 1

U.S. natural gas producer Expand Energy has committed to a two-decade liquefied natural gas offtake agreement with Delfin FLNG 1, a floating LNG project planned for Louisiana operations.

Apr 30, 2026