Solstice Advanced Materials Acquires Element Solutions For $14.5 Billion With Cash And Stock Transaction

Solstice Advanced Materials has agreed to acquire Element Solutions in a cash-and-stock transaction valued at approximately $14.5 billion, including assumed debt. Under the agreement, Element Solutions shareholders will receive $10.00 in cash and 0.500 shares of Solstice stock per share, representing a 15% premium to Element's July 2, 2026 closing price. The transaction creates a combined advanced materials company with around $6.8 billion in annual sales, focusing on semiconductor and AI infrastructure markets. Solstice has secured a $4.7 billion bridge financing commitment from Goldman Sachs to support the transaction, expected to close in the first half of 2027, subject to regulatory and shareholder approvals.

Summary of transaction details:

• Deal Type: Acquisition
• Transaction Amount: $14,500,000,000
• Element Solutions shareholders will own about 44% of the combined company upon closing.
• Headquarters: Morris Plains, New Jersey
• Key Executives: David Sewell, Solstice's president and CEO; Ben Gliklich, Element Solutions' CEO

Solstice Advanced Materials strengthens its position in high-growth electronics markets through this acquisition by adding complementary capabilities and deep customer relationships. Both companies possess strong technical expertise and market positions, which are expected to accelerate growth in their respective fields.