# Solstice Advanced Materials Inc. (SOLS) — merger/definitive [pending] Source: SEC API (secapi.ai) · situation sit_34a707a50244601ae92f · retrieved 2026-08-11T16:11:25.010Z ## Overview Solstice Advanced Materials Inc manufactures specialty chemicals and advanced materials for refrigerants, nuclear, electronic materials, healthcare packaging, safety and defense solutions, and research and performance chemicals. Solstice Advanced Materials announced a definitive agreement to acquire Element Solutions Inc in a cash-and-stock transaction. The combined company is expected to generate combined revenue of approximately $6.8 billion in 2025 and combined adjusted EBITDA of 26% margin (28% excluding metals). Solstice anticipates synergies of $180 million or more by Year 3, with expected medium-term combined revenue CAGR of 75% and combined adjusted EBITDA CAGR in the mid-to-high single digits. The transaction is expected to be accretive to growth, adjusted EPS, adjusted EBITDA margins, and cash conversion. The transaction remains subject to shareholder and regulatory approvals and other customary closing conditions and is expected to close in the first half of 2027. ## Terms - Counterparty: Element Solutions Inc · Deal value: $4.68B · Consideration: mixed ## Key dates - Announced 2026-07-27 · Expected close 2027-06-30 ## Timeline - 2026-07-27 · 8-K (0001104659-26-086878): 8-K - Solstice Advanced Materials Inc. — *Solstice Advanced Materials Inc. is a Delaware corporation that was spun off from Honeywell International Inc. and manufactures advanced materials.* On July 24, 2026, Solstice Advanced Materials Inc. amended its existing credit agreement with JPMorgan Chase Bank, N.A. as administrative agent and consenting lenders. The amendment permits the provision of a $4.685 billion senior secured 364-day bridge facility (the Eclipse Bridge Facility) to finance the acquisition of Element Solutions Inc. pursuant to a merger agreement dated July 6, 2026. The bridge facility proceeds will be used to finance the Eclipse Acquisition, consummate refinancing of Element Solutions' indebtedness, and pay fees and expenses in connection therewith. https://www.sec.gov/Archives/edgar/data/2064953/0001104659-26-086878.txt - 2026-07-30 · 8-K (0002064953-26-000085): 8-K - Solstice Advanced Materials Inc. — *Solstice Advanced Materials is a global leader in high-performance specialty materials offering solutions for refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging, and other critical applications.* Solstice Advanced Materials announced on July 6, 2026, that it had entered into a definitive agreement to acquire Element Solutions in a cash-and-stock transaction. The transaction is subject to shareholder and regulatory approvals and other customary closing conditions and is expected to close in the first half of 2027. CEO David Sewell stated the acquisition accelerates Solstice's strategy to build a scaled advanced materials platform aligned with trends in AI, data centers, nuclear energy, and semiconductor manufacturing. https://www.sec.gov/Archives/edgar/data/2064953/0002064953-26-000085.txt - 2026-07-30 · 425 (0001104659-26-088681): 425 - Solstice Advanced Materials Inc. — *Solstice Advanced Materials Inc manufactures specialty chemicals and advanced materials for refrigerants, nuclear, electronic materials, healthcare packaging, safety and defense solutions, and research and performance chemicals.* Solstice Advanced Materials announced a definitive agreement to acquire Element Solutions Inc in a cash-and-stock transaction. The combined company is expected to generate combined revenue of approximately $6.8 billion in 2025 and combined adjusted EBITDA of 26% margin (28% excluding metals). Solstice anticipates synergies of $180 million or more by Year 3, with expected medium-term combined revenue CAGR of 75% and combined adjusted EBITDA CAGR in the mid-to-high single digits. The transaction is expected to be accretive to growth, adjusted EPS, adjusted EBITDA margins, and cash conversion. The transaction remains subject to shareholder and regulatory approvals and other customary closing conditions and is expected to close in the first half of 2027. https://www.sec.gov/Archives/edgar/data/2064953/0001104659-26-088681.txt - 2026-07-30 · 425 (0001104659-26-088693): 425 - Solstice Advanced Materials Inc. — *Solstice Advanced Materials Inc. is an advanced materials company providing solutions in refrigerants, nuclear, and electronics businesses serving high-growth markets including chip fabrication, data center cooling, and AI infrastructure.* Solstice Advanced Materials Inc. announced a proposed acquisition of Element Solutions Inc., a specialty chemicals maker. The transaction combines Solstice's refrigerants, nuclear, and electronics businesses with Element Solutions' thermal management and semiconductor-related chemical products to create an integrated solutions provider for advanced chip fabrication and data center cooling. The combined company is expected to offer complementary thermal management solutions across chip-level and data-center-level applications, positioning it to serve the growing demand for next-generation semiconductor manufacturing and AI infrastructure. The transaction is subject to stockholder and regulatory approvals, with Solstice intending to file a Form S-4 registration statement and joint proxy statement/prospectus. https://www.sec.gov/Archives/edgar/data/2064953/0001104659-26-088693.txt ## Citations - 0001104659-26-086878 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926086878 - 0002064953-26-000085 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000206495326000085 - 0001104659-26-088681 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926088681 - 0001104659-26-088693 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926088693