A core component in the green transition

Permascand is a Swedish industrial technology company with more than 50 years’ experience in the manufacturing of catalytic coatings, electrodes and cells for electrochemical applications such as water treatment, chemical production, and the renewable segment (hydrogen production, lithium extraction, electrowinning and energy transmission).


Why we believe in Permascand

  • Permascand has been a technology leader in electrochemistry for 50 years
  • The company’s product portfolio, R&D capabilities and manufacturing know-how position Permascand uniquely as supplier of a key component in a new and fast growing end market: hydrogen production
  • Altor will support the company in scaling up R&D and production capabilities to cater to growing demand from hydrogen OEMs, while continuing to serve customers with best-in-class offering in the core business

About Permascand

2023 turnover (CY)




Investment date

Feb 2024


Fund VI

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