Deal Details

EFC Gases & Advanced Materials Is Acquired by Element Solutions

Industrial

EFC acquisition by Element Solutions

Summary

EFC Gases & Advanced Materials (“EFC”) has been acquired by Element Solutions Inc. (“Element Solutions”) (NYSE: ESI).

Baird served as the exclusive financial advisor to EFC on this transaction.

About

EFC provides high-purity specialty gases and other advanced materials to a range of fast-growing and highly complex industries, including semiconductor manufacturing, aerospace and electrical infrastructure. EFC’s commitment to excellence is underscored by rigorous global sourcing standards and state-of-the-art metrology processes, ensuring unparalleled product purity and integrity. Additionally, EFC offers tailored gas recovery and recycling systems, helping clients achieve new levels of operational efficiency and sustainability. The business has grown at a revenue CAGR in excess of 15% since 2009 with growth accelerating this year primarily in semiconductor applications. EFC has grown the number of semiconductor product qualifications in its portfolio by more than 40% since 2023. EFC is headquartered in Hopkinton, Massachusetts.

Element Solutions is a leading global specialty chemical technology company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. Developed in multi-step technological processes, these innovative solutions enable customers’ manufacturing processes in several key industries, including consumer electronics, power electronics, semiconductor fabrication, communications and data storage infrastructure, automotive systems, industrial surface finishing and offshore energy. Element Solutions is headquartered in Miami, Florida.

Industrial

EFC acquisition by Element Solutions