# Element Solutions to acquire Micromax from Celanese for ~$500 million

Element Solutions Inc announced a definitive agreement to acquire Micromax from Celanese Corporation for approximately $500 million in cash. The transaction is expected to close in the first quarter of 2026.

- Type: Acquisition
- Announced: 2025-10-28
- Where: United States
- Value: $500.0M
- Status: announced
- Products: electronics inks and pastes, conductive inks, resistive inks, dielectric thick film inks, LTCC materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Celanese](https://endata.com/companies/10711.md) (target)
- [Element Solutions Inc](https://endata.com/companies/39183.md) (acquirer)
- [Micromax](https://endata.com/companies/40083.md) (target)

## Sources

- [ir.elementsolutionsinc.com](https://ir.elementsolutionsinc.com/Investors/news/news-details/2025/Element-Solutions-Inc-Announces-Agreement-to-Acquire-Micromax-from-Celanese-for-500-Million/default.aspx), 2025-10-28: "Element Solutions Inc announced today that it has signed a definitive agreement to acquire Micromax from Celanese Corporation for approximately $500 million in cash."
- [businesswire.com](https://www.businesswire.com/news/home/20251028857298/en/Element-Solutions-Inc-Announces-Agreement-to-Acquire-Micromax-from-Celanese-for-%24500-Million), 2025-10-28: "Micromax is a great fit, enhancing our Electronics business’ customer value proposition and the breadth of high-value solutions we can offer to our supply chain."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.