Element Solutions Inc.
Element Solutions Completes Acquisition of Micromax and Upsizes Credit Facilities
Summary
Element Solutions Inc has completed its acquisition of Micromax, a global specialty chemicals company, for approximately $500 million. The acquisition was funded through a $450 million addition to the Company's existing senior secured term loans due 2030 and a new $500 million revolving credit facility, extending its maturity to February 2, 2031. The transaction was announced and completed on February 2, 2026.
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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.
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