Acquiring Company
Scandium Canada
Acquired Company
Ferreol Technologies
MontrealQuebecManufacturingMiningPrecious MetalsManufacturingPrecious MetalsDescription
Scandium Canada has completed its acquisition of Ferreol Technologies, which will now operate as a wholly owned subsidiary named Scalium+. This acquisition aims to accelerate the commercialization of aluminum-scandium alloys and strengthen Scandium Canada's market position. The total transaction value is estimated at $6.6 million, including cash payments and the issuance of shares. Félix Lapointe, co-founder of Ferreol Technologies, will serve as CEO of Scalium+.
Quick answer
Scandium Canada is acquiring Ferreol Technologies, announced June 29, 2026. Scandium Canada is based in Montreal, Quebec, Canada.
- How much did Scandium Canada pay for Ferreol Technologies?
- The deal value was not disclosed.
- What does Scandium Canada do?
- Scandium Canada is focused on bringing what it describes as North America's only primary source of scandium into production.
- Where are Scandium Canada and Ferreol Technologies based?
- Scandium Canada is based in Montreal, Quebec, Canada. Ferreol Technologies is based in Quebec, Canada.
- Who are the decision-makers at Scandium Canada?
- Fundz holds 1 contact at Scandium Canada. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Scandium Canada, and when
When Scandium Canada changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Scandium Canada raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Scandium Canada, from your own LinkedIn network
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Frequently asked
Who acquired Ferreol Technologies?
Ferreol Technologies was acquired by Scandium Canada, based in Montreal. The deal was reported on June 29, 2026. Scandium Canada is focused on bringing what it describes as North America's only primary source of scandium into production. The company also enables the development and commercialization of aluminum-scandium alloys. Scandium Canada is privately held and operates in Manufacturing.
When did Scandium Canada acquire Ferreol Technologies?
Scandium Canada's acquisition of Ferreol Technologies was reported on June 29, 2026. Scandium Canada has completed its acquisition of Ferreol Technologies, which will now operate as a wholly owned subsidiary named Scalium+. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ferreol Technologies do?
Ferreol Technologies specialized in research, development, processing, and production of aluminum products and alloys incorporating scandium. It is privately held, operating in Manufacturing, and is based in Quebec.
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