Element Solutions to be acquired in a cash-and-stock deal
Element Solutions will be acquired by Solstice Advanced Materials in a transaction valued at approximately $14.5 billion.
The deal includes the assumption of net debt and will create a larger advanced materials platform focused on electronics and data centers.
Element Solutions shareholders will receive $10 in cash and 0.5 shares of Solstice common stock for each share. The combined company will operate as Solstice, with expected combined 2025 net sales of approximately $6.8 billion, and Element Solutions shareholders will own about 44% of the company.
The transaction is expected to close in the first half of 2027, subject to approvals and customary closing conditions, and will accelerate Solstice’s strategy as an independent company, creating a global advanced materials leader with a heavier focus on electronics, data centers, and related thermal management applications.