Element Solutions Inc

Element Solutions Inc Reports Record Results for Third Quarter 2026

Element Solutions delivered record Q3 2026 results with net sales of $995 million, up 52% reported and 13% organic, and net income of $66 million, up 67% year-over-year. Electronics led with 68% sales growth and 18% organic growth on AI infrastructure and high-performance electronics demand; adjusted EBITDA of $191 million rose 29% on a constant-currency basis with margin up 50bps to 28.2%. The company raised FY2026 adjusted EBITDA guidance to approximately $720 million and expects adjusted EPS growth above 20% for the full year, despite the distraction of the terminated Solstice merger.

•4d ago

Element Solutions Inc Declares Q3 Dividend of $0.08 Per Share

Element Solutions Inc's board declared a quarterly cash dividend of $0.08 per share. The dividend is payable on September 15, 2026, to stockholders of record as of the close of business on September 1, 2026.

•2mo ago

ESI: 425 · acquisition merger

Solstice Advanced Materials filed this Rule 425 communication containing excerpts from its August 6, 2026 employee town hall on its pending acquisition of Element Solutions, announced in July 2026. Solstice executive David Sewell framed the combined company as an AI critical infrastructure company spanning semiconductors, advanced packaging, thermal management, cooling, and nuclear power. Solstice projected $6.8 billion of combined 2025 revenue rising above $7 billion heading into 2027, with roughly 26% combined adjusted EBITDA margin inclusive of expected synergies. These combined figures are illustrative non-GAAP estimates and have not been prepared under Regulation S-X pro forma requirements. The deal timeline remains on track: both companies' shareholders are scheduled to vote in Q3/Q4 2026, with regulatory approval and deal close anticipated in the first half of 2027. The two companies continue to operate separately until close. Solstice's electronics leader Simon Mawson reported extremely positive early customer feedback, including from TSMC procurement head Gary Chen, with Samsung and Intel also seeking deeper engagement once the deal closes. Element Solutions' electronics and specialty chemicals franchises are central to the strategic rationale and expected incremental EBITDA upside.

SEC 425•2mo ago

Element Solutions Inc Reports Record Second Quarter 2026 Financial Results

Element Solutions reported record Q2 revenue of $978 million, up 56% year-over-year on a reported basis (15% organic), while adjusted EBITDA increased 35% to $184 million. The company raised its full-year 2026 adjusted EBITDA guidance to a range of $690 million to $710 million and announced an agreement to be acquired by Solstice in a transaction valued at 0.5 shares of Solstice stock plus $10.00 in cash per share. The merger, expected to close in the first half of 2027, is subject to regulatory approvals and customary closing conditions.

•2mo ago

ESI: 8-K · acquisition merger

Solstice Advanced Materials announced its proposed acquisition of Element Solutions Inc in an investor presentation filed on July 20, 2026. The transaction aims to create a scaled electronics materials platform with $6.8 billion in combined 2025 revenue and $1.7 billion in combined adjusted EBITDA. The companies anticipate generating over $180 million in run-rate cost synergies by the third year post-close, driven by footprint optimization, supply chain improvements, and operational savings. The deal is expected to be accretive to adjusted EPS in Year 1 and achieve a synergized net leverage ratio of approximately 3.1x. Solstice has secured $4.7 billion in committed bridge financing to support the transaction, positioning the combined entity as an industry leader in advanced packaging and semiconductor materials. The combined company plans to maintain a 2.0x to 3.0x long-term net leverage target and supports a dividend of $0.30 per share.

SEC 8-K•3mo ago

ESI: 8-K · acquisition merger

Element Solutions Inc has agreed to be acquired by Solstice Advanced Materials Inc in a two-step merger valued at $10.00 in cash plus 0.500 shares of Solstice common stock for each share of Element Solutions common stock held. The boards of both companies have unanimously approved the transaction, which is structured as a reorganization intended to qualify for tax-free treatment under Section 368(a) of the Internal Revenue Code. Closing the transaction requires approval from Element Solutions and Solstice stockholders, regulatory clearances, and the effectiveness of a Form S-4 registration statement. The deal is also contingent upon Honeywell International Inc providing a "RemainCo Consent" pursuant to a Tax Matters Agreement, introducing a specific conditional hurdle for the merger. If the merger agreement is terminated, Element Solutions would owe Solstice a fee of $376 million, while Solstice would owe Element Solutions $385 million under standard termination circumstances or $513 million if specific issues arise regarding Honeywell's consent. Separately, former Executive Vice President and General Counsel John E. Capps entered a letter agreement regarding his severance and bonus entitlements in connection with the change of control.

SEC 8-K•3mo ago

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

Element Solutions (ESI) has agreed to be acquired by Solstice Advanced Materials (SOLS) in a cash-and-stock transaction valued at approximately $14.5 billion. ESI shareholders will receive $10.00 in cash and 0.5 shares of SOLS for each share held, implying a total value of $50.10 per share, a 15% premium to the July 2 close. The transaction is expected to close in the first half of 2027, with ESI shareholders owning approximately 44% of the combined advanced materials platform.

•3mo ago

Element Solutions Inc Reports Record Quarterly Results and Increases 2026 Full Year Guidance

Element Solutions delivered record Q1 results with net sales of $840M, up 41% reported and 10% organic, driven by strong demand in its Electronics segment. The company raised its full-year 2026 Adjusted EBITDA guidance to $665M-$685M and expects high-teens adjusted EPS growth, citing momentum in AI infrastructure build-out. Recent acquisitions Micromax and EFC closed during the quarter and are tracking to plan, supported by a new $450M term loan and upsized credit facility.

•5mo ago