Magnetic Holdings (Tinicum) Acquires Electron Energy Corporation

Magnetic Holdings, a portfolio company backed by Tinicum, has acquired Electron Energy Corporation (EEC), a U.S. manufacturer of samarium‑cobalt and rare‑earth magnets. The Walmer family retained a significant minority stake and Michael Walmer joined Magnetic Holdings' board; financial terms were not disclosed. The deal creates a vertically integrated group of magnet businesses serving aerospace, defense, medical, semiconductor, energy, and industrial end markets.