Fort Lauderdale-based Element Solutions agrees to $14.5 billion takeover

Solstice Advanced Materials agreed to buy Element Solutions in a $14.5 billion cash-and-stock deal that puts a Fort Lauderdale-linked company at the center of one of the year’s biggest AI-adjacent materials transactions. The combination was announced July 6 and is expected to close in 2027, after shareholder and regulatory approvals.

Under the terms, Element shareholders would receive $10 in cash and 0.500 shares of Solstice common stock for each share they own. When the deal closes, Element shareholders are expected to own about 44% of the combined company, which Solstice said would carry about $6.8 billion in full-year 2025 net sales and a 26% adjusted EBITDA margin including run-rate synergies.

For Broward County, the bigger question is not just the price tag. Element Solutions’ SEC filings list 500 East Broward Boulevard, Suite 1860, in Fort Lauderdale as a business address, tying the company to a downtown tower that has carried local corporate weight for years. A March 31 filing later listed 500 S Pointe Drive, Suite 200, in Miami Beach as the principal executive office, a paper move that raises the question of how much executive decision-making still sits in Broward as the ownership changes.

That matters because headquarters and senior offices shape more than a mailing address. They determine where high-salaried managers sit, where board-level decisions get made and how much status a county holds in South Florida’s business map. The deal did not spell out Broward job cuts or office changes, but it did make clear that Element’s local corporate footprint is part of a much larger consolidation.

The strategic logic runs through electronics and artificial intelligence. Solstice said the merged company would create a leading electronics platform spanning semiconductor fabrication, packaging and assembly, while expanding thermal management for chip and data center cooling. Element’s own business description covers consumer electronics, power electronics, semiconductor fabrication, communications and data storage infrastructure, automotive systems, industrial surface finishing and offshore energy.

Element’s 2025 results show why the business drew interest. The company reported $2.55 billion in net sales, $191 million in net income and $548 million in adjusted EBITDA, with its electronics business benefiting from data-center-driven demand and semiconductor-related markets. CEO Benjamin Gliklich has framed that growth around the AI supply chain, and Solstice CEO David Sewell said the combination would benefit from “generational tailwinds” in high-growth end markets. Gliklich is expected to join Solstice’s board as the companies move toward a 2027 closing.