Solstice Advanced Materials to Acquire Specialty Chemicals Firm for $14.5B

Solstice buys Element Solutions for $14.5 billion amid increasing AI focus

Honeywell spinoff Solstice Advanced Materials said it will buy peer specialty ​chemical company Element Solutions in a $14.5 billion deal. The deal will combine Solstice’s refrigerants, specialty materials and uranium-conversion business with Element’s electronics chemicals portfolio, and create a larger supply of materials used in semiconductor manufacturing, electronics and industrial applications. This comes as Solstice seeks to capitalize on…

Solstice Advanced Materials to acquire specialty chemicals firm for $14.5B

The Element Solutions deal aligns with the data center cooling supplier’s electronics growth strategy, including formulation and research and development.

Solstice CEO says Wall Street misread ESI acquisition after 15% stock drop

Solstice CEO defends its $14.5B acquisition after the stock plunges 15%

Solstice CEO David Sewell said the company's acquisition of Element Solutions creates a "world-leading" supplier of advanced materials.

Solstice buys Element Solutions in $14.5 billion deal, sharpens focus ...