Element Solutions Inc Acquires EFC Gases & Advanced Materials

Enerpac Tool Group to Acquire SFE Group for $472 Million

July 10, 2026

Industrial Services

Enerpac Tool Group Corp. entered into a definitive agreement to acquire Specialized Fabrication Equipment Group LLC (SFE Group) for approximately $472 million in cash. The deal is expected to close in the first quarter of fiscal 2027, subject to regulatory approvals and customary closing conditions.

Solstice Advanced Materials to Acquire Element Solutions in $14.5 Billion Cash-and-Stock Deal

July 6, 2026

Manufacturing

Solstice Advanced Materials will acquire Element Solutions in a cash-and-stock transaction valued at approximately $14.5 billion (including the assumption of net debt). The deal is expected to expand Solstice’s advanced materials platform with complementary electronics, formulation, technical service, and technology capabilities aligned to AI infrastructure, thermal management, and other high-growth end markets.

Element Solutions Completes $450 Million Acquisition of Micromax from Celanese

February 2, 2026

Manufacturing

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.

Technip Energies Completes $556 Million Acquisition of Ecovyst Advanced Materials & Catalysts Business

January 3, 2026

Industrial Services

Technip Energies has completed its $556 million acquisition of Ecovyst’s Advanced Materials & Catalysts (AM&C) business. The deal adds a specialty catalysts and advanced materials platform (including Advanced Silicas and Zeolyst International) and brings 330 employees to Technip Energies, with AM&C continuing under existing leadership across facilities in the U.S. and Europe.

Frontenac Acquires EFC International

November 3, 2021

Industrial Services

Chicago-based private equity firm Frontenac has acquired EFC International, a St. Louis-headquartered value-added distributor of highly engineered fasteners and specialty components. Financial terms were not disclosed; CEO Matt Dudenhoeffer and the executive team will remain in place as Frontenac supports EFC's organic and inorganic expansion plans following a sale by prior sponsor Quad-C Management.

Element Solutions Inc Acquires Coventya from Silverfleet Capital

June 11, 2021

Manufacturing

Element Solutions Inc has agreed to acquire Coventya, a France-headquartered specialty chemicals manufacturer focused on surface treatment, from private equity firm Silverfleet Capital. The sale — subject to regulatory approvals and expected to close in Q3/Q4 2021 — generates a reported c.2.5x gross money multiple for Silverfleet; Coventya employs around 700 people and was forecast to generate roughly €160 million of revenue in 2021.