Solstice to acquire Element Solutions for $6.8B combined revenue, targeting $180M+ synergies

Filed July 20, 2026 · Period ending July 20, 2026 · ~1 min read

Key Changes

• high

  Solstice announced acquisition of Element Solutions, creating combined company with $6.8B in 2025 revenue and $1.7B adjusted EBITDA (including synergies). Deal expected to be accretive to adjusted EPS in Year 1.

  Exhibit 99.1 view on EDGAR →
• high

  Company secured $4.7B committed bridge financing. Combined net leverage expected at 3.5x at close (3.1x including Year 3 synergies), with target to reduce below 3.0x within 18 months. Committed to maintaining Ba1/BB+ credit rating.

  Exhibit 99.1 view on EDGAR →
• high

  Expected net synergies exceed $180M by Year 3 ($210M run-rate), primarily from operational savings ($100M), supply chain improvements ($25M), footprint optimization ($20M), and other opportunities ($35M). Additional revenue synergies identified.

  Exhibit 99.1 view on EDGAR →