HOUSTON -- Solstice Advanced Materials has agreed to acquire Element Solutions in a $14.5 billion deal, expanding its position in advanced materials for electronics, AI infrastructure and data center applications.
The companies said the transaction will strengthen Solstice's electronics portfolio by adding Element's formulation expertise, technical services and customer relationships. Together, the businesses are projected to generate approximately $6.8 billion in 2025 net sales. Solstice expects the acquisition to deliver roughly $180 million in annual net synergies by the third year after closing.