[1][2] In Germany, the plants of the former WASAG belongs to Maxam.

The company traces its roots back to the Sociedad Española de la Pólvora Dinamita, founded by Alfred Nobel, which changed its name to Unión Española de Explosivos (UEE) in 1896.

[3] In 2018 Advent International sells his 45% to Rhône Capital, the rest, 55%, is still  by management.

[3] Maxam continues its operations in Russia despite international calls for companies to exit the Russian market following the invasion of Ukraine.

The company maintains two production facilities in Russia, employing approximately 250 staff as of 2021, and contributing around $1 million in taxes to the Russian government.