Solstice chases AI data center boom with $14.5 billion element acquisition

Solstice Advanced Materials Inc. SOLS announced Monday that it will acquire Element Solutions Inc. ESI in a cash-and-stock transaction valued at about $14.5 billion, including assumed net debt. The deal expands Solstice’s presence in electronics,
TMCnet

Solstice Advanced Materials to Acquire Element Solutions, Creating an Industry-Leading Advanced Materials Platform Aligned to Serving Attractive Secular Growth Markets

Solstice Advanced Materials (Nasdaq: SOLS) ("Solstice" or the "Company") and Element Solutions (NYSE: ESI) ("Element") today announced that they have entered into a definitive agreement for Solstice to acquire Element in a cash-and-stock transaction valued at approximately $14.
Seeking Alpha

Solstice outlines 2026 net sales of $3.9B-$4.1B while investing $200M to double Spokane targets capacity

"During the first quarter, Solstice Advanced Materials delivered strong top and bottom line results" (CEO, President & Director David Sewell), citing "ongoing robust demand trends" across "Nuclear, Electronic Materials and Refrigerants" and calling Q1 its ...