Ara Partners sells Vacuumschmelze to Energy Fuels for $1.9 billion
Ara Partners agreed to sell German magnetics manufacturer Vacuumschmelze to rare earths producer Energy Fuels (UUUU) for $1.9 billion in cash and stock.
Ara Partners agreed to sell Vacuumschmelze to Energy Fuels () for $1.9 billion in cash and stock, merging the Germany-based magnetics manufacturer with the rare earths producer [1]. The transaction creates one of the world's largest non-Chinese producers of magnets and establishes an integrated mine-to-magnet supply chain [2].
Vacuumschmelze holds more than 400 patents and serves over 1,000 customers across defense and industrial applications [1]. Energy Fuels produces rare earth elements used in permanent magnet manufacturing, positioning the combined entity to compete with Chinese suppliers that dominate global magnet production.
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