Mergers and Acquisitions (M&A): Element Solutions Inc. Completes Acquisition of Micromax from Celanese for $500 Million
West Palm Beach, FL – Element Solutions Inc. has announced the acquisition of Celanese (https://www.celanese.com/). According to the company announcement, Element Solutions Inc (ESI) is a leading global specialty chemical technology company that provides a wide array of solutions to enhance the performance of products used daily. These innovative solutions are developed through multi-step technological processes, enabling customers’ manufacturing processes across several key industries. ESI serves sectors such as consumer electronics, power electronics, semiconductor fabrication, communications and data storage infrastructure, automotive systems, industrial surface finishing, and offshore energy. The company recently completed the acquisition of EFC Gases & Advanced Materials, which will operate as a standalone business unit within ESI’s newly renamed Specialties Segment. This acquisition introduces high-value, differentiated capabilities in specialty and rare gases, along with advanced materials, and opens new growth vectors in semiconductor manufacturing, electrical transmission infrastructure, and space applications. The Specialties Segment is expected to grow in the mid-single digits with adjusted EBITDA margins exceeding 20% and a durable cash flow profile, reflecting ESI’s improved business quality from a growth and profitability perspective.
To learn more about Element Solutions Inc., visit https://www.elementsolutionsinc.com/
Company LinkedIn Page: https://www.linkedin.com/company/element-solutions-inc/
Company Contact:
Element Solutions Inc.
1450 Centrepark Blvd #210
West Palm Beach, FL 33401
561-207-9600
SOURCE: http://www.intelligence360.io
Copyright (c) 2026 SI360 Inc. All rights reserved.