Mergers & Acquisitions ·
Solstice Advanced Materials Inc. announced a proposed acquisition of Element Solutions Inc. The combined company…
ESIElement Solutions Inc
Solstice Advanced Materials Inc. announced a proposed acquisition of Element Solutions Inc. The combined company expects 2025 combined revenue of $6.8 billion and combined adjusted EBITDA of $1.7 billion including year 3 synergies. Solstice anticipates synergies of over $180 million by year 3 and a combined adjusted EBITDA margin of 26%. Solstice also indicated a commitment to a $0.30 per share annual dividend, subject to board approval. Element Solutions operates in the specialty chemicals and advanced materials industry, providing solutions for electronics, mobility, and connectivity.