Ara Partners Acquires Vacuumschmelze

October 10, 2023

Ara Partners, a private equity firm focused on industrial decarbonization, has acquired Vacuumschmelze (VAC), a leading global producer of advanced magnetic materials and rare-earth permanent magnets, from funds managed by Apollo. The deal will support VAC's expansion of manufacturing capabilities — including planned North American capacity for EV-grade permanent magnets — to serve automotive, renewable energy and industrial customers.

Buyers
Ara Partners
Targets
Vacuumschmelze
Sellers
Funds managed by Apollo
Industry
Manufacturing
Location
Hesse, Germany
Transaction Type
Buyout

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