Solstice Advanced Materials to Acquire Element Solutions for $14.5 Billion

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-06
Category: business
Source: PR Newswire

Solstice Advanced Materials (Nasdaq: SOLS) and Element Solutions (NYSE: ESI) announced on July 6, 2026, that they have entered into a definitive agreement for Solstice to acquire Element in a cash-and-stock transaction valued at approximately $14.5 billion, including the assumption of net debt. This acquisition is expected to accelerate Solstice's strategy to build an industry-leading advanced materials platform with increased exposure to high-growth electronics, AI infrastructure, and other attractive end markets.

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