Element Solutions Inc Acquires Chemical Developer HSO Herbert Schmidt GmbH
Element Solutions Inc (NYSE:ESI) has acquired HSO Herbert Schmidt GmbH & Co. KG, a German developer of surface finishing technology.
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Founded in 1936, HSO develops and manufactures highly-specialized solutions for decorative and functional surface finishing with a focus on environmentally sustainable products, especially in the field of Plating on Plastics. In 2021, HSO was certified as a climate-neutral electroplating operation functioning under the values of sustainability and climate protection. Future results from this tuck-in acquisition will be reported in the Company’s Industrial & Specialty segment.
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