Element Solutions Completes $450 Million Acquisition of Micromax from Celanese
February 2, 2026
Element Solutions Inc. (NYSE: ESI) completed its previously announced acquisition of Micromax from Celanese for approximately $450 million (cash proceeds around $500 million to Celanese, subject to adjustments). The deal was integrated into ESI’s Electronics segment, with Micromax joining the MacDermid Alpha Electronics Solutions business, following regulatory conditions and customary closing steps.
- Buyers
- Element Solutions Inc
- Targets
- Micromax
- Sellers
- Celanese Corporation
- Industry
- Manufacturing
- Location
- United States
- Transaction Type
- Buyout
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