Solstice Advanced Materials Inc. to Acquire Element Solutions Inc.

Solstice Advanced Materials Inc. announced its proposed acquisition of Element Solutions Inc. on July 20, 2026. This strategic move aims to create a larger, integrated electronics platform by combining Solstice's expertise in synthetic chemistry with Element Solutions' capabilities in advanced materials for electronics. The acquisition is expected to yield significant financial benefits, including anticipated synergies of over $180 million by the third year, accretion to Adjusted EPS, and improved Adjusted EBITDA margins. The combined entity is projected to have a strong cash flow profile, with a target net leverage ratio of below 3.0x within 18 months post-close. Nuclear operations are set to remain a core growth area for Solstice, with a substantial backlog and expected double-digit EBITDA growth. The integration is planned to be executed by an experienced team, focusing on a metric-driven, customer-centric approach to maximize value creation. The deal is anticipated to enhance Solstice's position in high-growth end markets, particularly in advanced packaging and next-generation semiconductor materials.