About This Deal

Element Solutions acquired HSO (Herbert Schmidt group) for ~$23 million (net of cash), a transaction announced in January 2022.

Added a multinational developer of technology and chemistry for decorative and functional surface finishing, with a focus on environmentally sustainable plating-on-plastics, to the Industrial Solutions business line.

Added a multinational developer of technology and chemistry for decorative and functional surface finishing, with a focus on environmentally sustainable plating-on-plastics, to the Industrial Solutions business line.

Deal Terms

Acquirer
Element Solutions
Target
HSO (Herbert Schmidt group)
Value
~$23 million (net of cash)
Date
January 2022
Type
Full acquisition
Status
Completed

Transaction Details

Announced
January 26, 2022

In Their Words

we completed the HSO Acquisition for approximately $23 million, net of cash. HSO is a multi-national developer of technology and chemistry for decorative and functional surface finishing

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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