Jan 1, 2012 CE
Holdings Founded as Platform
The business that would become Element Solutions was established under the name HoldCo, building a specialty chemicals platform.
Chronological Storyline (22 Milestones)
Oct 1, 2013 CE
MacDermid Acquired
The company completed the acquisition of MacDermid, a global specialty chemicals manufacturer, forming the core of its future portfolio.
Apr 1, 2014 CE
IPO on NYSE
The company, then operating as MacDermid Incorporated, completed its initial public offering and began trading on the New York Stock Exchange.
Nov 1, 2014 CE
MacDermid Photocircuits Sold
The company divested its MacDermid Photocircuits printed circuit board manufacturing division to focus on specialty chemicals.
Jun 1, 2015 CE
Alent Acquisition Completed
The company completed the acquisition of Alent plc, a UK-based supplier of specialty chemicals and engineered materials, significantly expanding its electronics portfolio.
Jan 1, 2016 CE
Rebranded as Platform
Following the Alent acquisition, the company rebranded from MacDermid Incorporated to Platform Specialty Products Corporation to reflect its diversified portfolio.
Feb 1, 2017 CE
Ag Solutions Divestiture
Platform Specialty Products announced the sale of its Agricultural Solutions segment to Platform Acquisition Holdings for approximately $3.5 billion.
Jan 1, 2018 CE
Ben Gliklich Named CEO
Benjamin Gliklich was appointed Chief Executive Officer of Platform Specialty Products, bringing experience from the company's operational leadership.
Oct 1, 2018 CE
Renamed Element Solutions
Platform Specialty Products Corporation officially changed its name to Element Solutions Inc, sharpening its focus on high-value specialty chemicals.
Feb 1, 2019 CE
Henschel Acquisition
Element Solutions acquired Henschke, a German supplier of decorative and functional coatings, strengthening its position in the consumer electronics market.
May 1, 2019 CE
Revenue Exceeds $1.8B
The company reported full-year 2018 net sales of approximately $1.86 billion, reflecting the impact of its portfolio restructuring and divestitures.
Mar 1, 2020 CE
COVID-19 Pandemic Impact
Element Solutions navigated supply chain disruptions during the COVID-19 pandemic, leveraging its diversified electronics and industrial customer base.
Nov 1, 2020 CE
Petersen Acquisition
The company acquired Petersen, a supplier of specialty coatings for automotive and industrial applications, expanding its product offerings.
Feb 1, 2021 CE
Adjusted EBITDA Record
Element Solutions reported record adjusted EBITDA for full-year 2020, demonstrating resilience in its electronics and industrial segments despite pandemic headwinds.
May 1, 2021 CE
Strategic Electronics Expansion
The company continued to expand its electronics chemistry portfolio, targeting growth in 5G, advanced packaging, and consumer electronics markets.
Feb 1, 2022 CE
2021 Net Sales Growth
Element Solutions reported full-year 2021 net sales of approximately $2.1 billion, representing year-over-year growth driven by electronics demand.
Jun 1, 2022 CE
Share Repurchase Program
The company's board authorized a share repurchase program, signaling confidence in the company's financial position and future cash flow generation.
Feb 1, 2023 CE
2022 Revenue Milestone
Element Solutions reported full-year 2022 net sales of approximately $2.3 billion, marking a new revenue milestone for the company.
May 1, 2023 CE
Automotive Sector Growth
The company highlighted growth in its automotive segment, driven by increasing demand for electric vehicle and advanced driver assistance systems.
Feb 1, 2024 CE
2023 Financial Results
Element Solutions reported full-year 2023 results, noting organic growth in its electronics segment despite macroeconomic challenges.
Jun 1, 2024 CE
Strategic Portfolio Review
The company announced a strategic review of its portfolio to optimize its business mix and enhance shareholder value.
Jul 6, 2026 CE
Solstice Acquisition Agreement
Solstice Advanced Materials announced its acquisition of Element Solutions in a $14.5 billion cash-and-stock deal. The merger combines Solstice's refrigerants and specialty materials with Element's electronics and semiconductor portfolios to expand their presence in the AI and data center markets.