EFC Gases & Advanced Materials Announces Agreement to Join Element Solutions Inc.
EFC Gases & Advanced Materials announced it has entered into a definitive agreement to be acquired by Element Solutions (NYSE:ESI). The transaction is expected to close by the end of 2025, subject to regulatory approvals and customary closing conditions.
After closing, EFC will continue to operate under its existing name as a distinct business within Element Solutions, preserving facilities and customer relationships while leveraging Element's global infrastructure and technology platforms. Baird served as EFC's exclusive financial advisor and Latham & Watkins served as legal counsel.
EFC Gases & Advanced Materials ha annunciato di aver stipulato un accordo definitivo per essere acquisita da Element Solutions (NYSE:ESI). L'operazione dovrebbe chiudersi entro la fine del 2025, soggetta alle approvazioni regolamentari e alle condizioni standard di chiusura.
Una volta chiusa, EFC continuerà operare con il proprio nome come entità distinta all'interno di Element Solutions, preservando impianti e rapporti con i clienti mentre si avvale delle infrastrutture globali e delle piattaforme tecnologiche di Element. Baird ha svolto il ruolo di consulente finanziario esclusivo di EFC e Latham & Watkins ha fornito consulenza legale.
EFC Gases & Advanced Materials anunció que ha llegado a un acuerdo definitivo para ser adquirida por Element Solutions (NYSE:ESI). Se espera que la operación se cierre para a finales de 2025, sujeta a aprobaciones regulatorias y a las condiciones habituales de cierre.
Una vez concluido, EFC continuará operando bajo su nombre existente como una unidad/empresa distinta dentro de Element Solutions, preservando instalaciones y relaciones con clientes mientras aprovecha la infraestructura global y las plataformas tecnológicas de Element. Baird actuó como asesor financiero exclusivo de EFC y Latham & Watkins brindó asesoría legal.
EFC Gases & Advanced Materials는 Element Solutions (NYSE:ESI)에 의해 인수되기로 하는 확정 계약을 체결했다고 발표했습니다. 거래는 규제 승인 및 일반적인 마감 조건의 충족을 전제로 2025년 말까지 마감될 것으로 예상됩니다.
마감되면 EFC는 Element Solutions의 독립적인 사업으로 기존의 이름으로 계속 운영되며, 시설과 고객 관계를 유지하는 한편 Element의 글로벌 인프라 및 기술 플랫폼을 활용하게 됩니다. Baird는 EFC의 독점 재무 자문역으로 활동했고 Latham & Watkins는 법률 자문을 제공했습니다.
EFC Gases & Advanced Materials a annoncé avoir conclu un accord définitif pour être acquis par Element Solutions (NYSE:ESI). L'opération devrait être finalisée d'ici fin 2025, sous réserve des approbations réglementaires et des conditions de clôture habituelles.
Après la clôture, EFC continuera d'opérer sous son nom actuel en tant qu'entité distincte au sein d'Element Solutions, en préservant les installations et les relations avec les clients tout en tirant parti de l'infrastructure mondiale et des plateformes technologiques d'Element. Baird a été l'unique conseiller financier d'EFC et Latham & Watkins a assuré le conseil juridique.
EFC Gases & Advanced Materials kündigte an, dass es eine endgültige Vereinbarung getroffen hat, von Element Solutions (NYSE:ESI) übernommen zu werden. Der Abschluss der Transaktion wird voraussichtlich bis Ende 2025 erfolgen, vorbehaltlich behördlicher Genehmigungen und üblicher Abschlussbedingungen.
Nach dem Abschluss wird EFC weiterhin unter eigenem Namen als eigenständiges Unternehmen innerhalb von Element Solutions operieren, Anlagen und Kundenbeziehungen bewahren und gleichzeitig Elements globale Infrastruktur und Technologieplattformen nutzen. Baird fungierte als exklusive Finanzberaterin von EFC und Latham & Watkins war Rechtsbeistand.
EFC Gases & Advanced Materials أعلنت أنها أبرمت اتفاقاً نهائياً لتُشترى من قبل Element Solutions (NYSE:ESI). من المتوقع أن تتم الصفقة بنهاية عام 2025، رهناً بالموافقات التنظيمية والشروط المعتادة للإغلاق.
بعد الإغلاق، ستستمر EFC في العمل تحت اسمها الحالي ككيان مستقل ضمن Element Solutions، مع الحفاظ على المنشآت والعلاقات مع العملاء بينما تستفيد من بنية Element التحتية العالمية ومنصاتها التكنولوجية. كما قامت Baird بدور المستشار المالي الحصري لـ EFC وLatham & Watkins قدمت المشورة القانونية.
- Transaction expected to close by end of 2025
- EFC to operate under existing name within Element Solutions
- EFC serves semiconductor, aerospace, and electrical infrastructure sectors
- Deal is subject to regulatory approvals and customary conditions
- Closing timeline is contingent and not guaranteed by Nov 30, 2025
Insights
Element Solutions will acquire EFC; transaction expected to close by end of
The deal combines Element Solutions and EFC Gases & Advanced Materials, adding high‑purity specialty gases and rare‑gas recovery capabilities to Element's specialty chemicals platform. EFC will remain a distinct operating business and retain its name, facilities, and customer relationships while gaining access to Element's broader infrastructure and technology resources.
Completion depends explicitly on regulatory approvals and customary closing conditions, so execution and integration risk remain. Key dependencies include timely regulatory clearance and preservation of EFC's customer relationships during integration. Watch for the announced closing timeframe of
EFC has built a reputation for technical precision, product purity, and customer partnership across some of the world's most demanding industries, including semiconductor manufacturing, aerospace, and electrical infrastructure. Through continuous investment in purification, analytical capabilities, and sustainable rare gas recovery systems, EFC has become a trusted partner for companies advancing the technologies that power and connect the modern world, delivering on its promise of Novel Solutions, Pure Results.
"This partnership represents an exciting new chapter for EFC," said Pavel A. Perlov, President and CEO of EFC. "Element Solutions shares our commitment to innovation, safety, and sustainability. Together, we will accelerate our ability to serve customers with an expanded portfolio of high-value materials and global resources while preserving the agility and customer focus that define EFC."
Benjamin Gliklich, CEO of Element Solutions, added, "EFC is an exceptional business built on deep technical expertise and a strong commitment to its people and customers. Its specialized portfolio supports some of the most dynamic industries in the economy, and its focus on collaboration and quality has fueled impressive growth. We're thrilled to welcome Pavel Perlov and the entire EFC team to the Element Solutions family and look forward to what we can achieve together."
Following completion of the transaction, EFC will continue to operate under its existing name as a distinct business within Element Solutions, maintaining its facilities, customer relationships, and focus on specialty gas innovation while leveraging Element's global infrastructure and technology platforms to accelerate growth.
"Our team's dedication and expertise have made EFC a recognized leader in specialty gases," added Perlov. "Joining Element Solutions strengthens our foundation for long-term growth, enabling us to deliver even greater value to our customers, employees, and partners."
EFC was advised by Baird, which served as its exclusive financial advisor in connection with the transaction, providing strategic guidance throughout the process. Latham & Watkins LLP served as legal counsel to EFC. The company extends its appreciation to both firms for their expertise and support in reaching this agreement.
About EFC Gases & Advanced Materials
EFC Gases & Advanced Materials supplies high-purity electronic and specialty gases, alongside other critical materials, supporting a broad spectrum of industries such as semiconductor manufacturing, aerospace, lighting, window fabrication, and electric utilities. Our commitment to excellence is underscored by rigorous global sourcing standards and state-of-the-art metrology processes, ensuring unparalleled product purity and integrity. Additionally, we offer tailored gas recovery and recycling systems, helping our clients achieve new levels of operational efficiency and sustainability. At the core of our mission is a dedication to transformative chemistry and technology, delivering solutions that advance both business and environmental goals.
For more information on EFC, visit www.efcgases.com.
About Element Solutions Inc.
Element Solutions, Inc. is a leading global specialty chemical technology company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. Developed in multi-step technological processes, these innovative solutions enable customers' manufacturing processes in several key industries, including consumer electronics, power electronics, semiconductor fabrication, communications and data storage infrastructure, automotive systems, industrial surface finishing, and offshore energy.
For more information on Element Solutions Inc., visit www.elementsolutionsinc.com.
Forward–looking Statements
This press release contains forward-looking statements, including statements regarding the expected timing and anticipated benefits of the proposed transaction. Actual results may differ materially due to various factors, including regulatory approvals, closing conditions, and other risks and uncertainties.
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SOURCE EFC Gases & Advanced Materials