Element Solutions Inc has completed its acquisition of Micromax, bringing the Micromax team into its electronics portfolio. According to the company, Micromax is experiencing high-single digit organic revenue growth projected for 2025. The purchase was financed through a $450 million add-on to Element Solutions’ existing senior secured term loan B due 2030. Additionally, the company secured a new 5-year $500 million revolving credit facility, increasing its previous facility by $125 million and extending its maturity to 2031.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Element Solutions Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260201978768) on February 02, 2026, and is solely responsible for the information contained therein.