Consello advised Solstice Advanced Materials (Nasdaq: SOLS), a leading global specialty materials company, on its definitive agreement to acquire Element Solutions (NYSE: ESI) in a cash-and-stock transaction valued at approximately $14.5 billion, including the assumption of net debt.
The transaction represents a significant acceleration of Solstice’s strategy to build an industry-leading advanced materials platform with increased exposure to high-growth electronics, AI infrastructure and other attractive end markets.