Element Solutions to Be Acquired by Solstice Advanced Materials in $14.5 Billion Deal

Paul, Weiss is advising leading global specialty chemicals technology company Element Solutions on its cash-and-stock acquisition by Solstice Advanced Materials, valued at approximately $14.5 billion, including the assumption of net debt. The transaction will combine Element’s robust technology portfolio with Solstice’s strengths in chemistry, application development, refrigerant application solutions and high-performance materials, creating an integrated electronics platform spanning semiconductor fabrication, packaging and assembly, and expanded thermal management for chip and data center cooling. The transaction is expected to close in the first half of 2027.

The Paul, Weiss team is led by corporate partners Nickolas Bogdanovich and James Langston, and includes corporate partners Matthew Leist and Eric Wedel; executive compensation partners Matthew Friestedt and Arian Mossanenzadeh, and counsel Annie Anderson; tax partner Jeffrey Samuels and counsel Alyssa Wolpin; antitrust partners Scott Sher and Lauren O'Brien; intellectual property partner Chuck Googe, and counsel Hilary Smith and Phil Grudzina; environmental partner Stefanie Gitler; and real estate partner Peter Fisch.