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Mark Stuckey, Magma’s chief executive officer and founder, will oversee the enlarged business, with Mani Erfan, co-founder of Unicat, staying on as the chief technical officer.
“Magma’s pioneering catalyst technology delivers unparalleled energy efficiency and production yield benefits to our customers around the world,” said Mr Erfan. “This transaction will expand on our existing partnership by bringing complementary products and manufacturing capability into one portfolio.”
“Unicat is an expert in developing and distributing innovative catalyst solutions with high-tech technical support,” said Mr. Stuckey. “I am excited to partner with the Unicat team to realise the many opportunities this combination will offer to both customers and employees.”