Ara Partners

Materials/Manufacturing

Energy Fuels to Acquire VAC for $1.9 Billion 

June 25, 2026 Editorial Staff Comments Off on Energy Fuels to Acquire VAC for $1.9 Billion 

June 23, 2026 - Energy Fuels Inc today announced a definitive agreement to acquire 100% of Vacuumschmelze and their respective consolidated subsidiaries (collectively, “VAC”) from Ara Partners for a total cash-and-stock consideration of approximately $1.9 billion based on Energy Fuels’ closing […]

Materials/Manufacturing

VAC Awarded $111 Million Tax Credit for New Magnet Factory in USA, Makes Recycling Deal with Cyclic Materials 

April 10, 2024 Editorial Staff Comments Off on VAC Awarded $111 Million Tax Credit for New Magnet Factory in USA, Makes Recycling Deal with Cyclic Materials 

e-VAC Magnetics, part of Vacuumschmelze, has been awarded a $111.9 million Qualifying Advanced Energy Project Tax Credit to advance the construction of its first USA magnet manufacturing facility in Sumter, South Carolina. The facility was […]