Solstice Advanced Materials to Acquire Element Solutions in Major M&A Deal

Details

The deal is expected to generate over $180 million in synergies by Year 3, enhance Solstice's growth engine, and provide a competitive integrated offering in emerging technologies. The acquisition is anticipated to be accretive to growth, adjusted EPS, adjusted EBITDA margins, and cash conversion. Solstice plans to maintain a strong credit rating and expects to deleverage within 18 months post-close. The combined company is projected to have a robust cash flow profile, enabling organic growth and potential returns to shareholders.

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About Element Solutions Inc.

Element Solutions Inc. is a leading global specialty chemicals company dedicated to providing innovative solutions that enhance consumer products. This corporation operates predominantly in the industries of electronics, automotive, and consumer goods, providing advanced materials that improve product performance and sustainability. Key offerings include high-purity consumable chemicals such as coatings, adhesives, inks, and other specialty materials used in manufacturing processes. With a focus on sustainability and efficiency, Element Solutions Inc. significantly contributes to the technological advancements and environmental efforts in these sectors. The company collaborates closely with a wide range of businesses, ensuring their products meet diverse and evolving market needs. As such, Element Solutions Inc. holds a pivotal role in facilitating the development of next-generation technologies and supporting global industrial innovations.