AI-centric computing needs drive Fort Lauderdale-based company’s $14.5B takeover

Element Solutions, a Fort Lauderdale-based chemicals company, is acquiring Solstice Advanced Materials in a $14.5 billion deal driven by AI infrastructure demand. The merger aims to create a leading electronic materials platform, supported by $4.7 billion in bridge financing from Goldman Sachs, with the transaction expected to close in 2027.