Latham & Watkins Advises EFC Gases & Advanced Materials in Acquisition by Element Solutions Inc

Element Solutions Inc (NYSE: ESI), a global and diversified specialty chemical technology company, has announced it has signed a definitive agreement to acquire EFC Gases & Advanced Materials (EFC) for approximately 12x forecasted 2026 adjusted EBITDA in cash. The transaction is expected to be completed by the end of 2025, subject to certain regulatory approvals and customary closing conditions. EFC provides high-purity specialty gases and advanced materials to industries such as semiconductor manufacturing, aerospace, and electrical infrastructure.

Latham & Watkins LLP represented EFC in the transaction with a corporate team led by Boston partner Hans Brigham, with associates Laki Triantafylidis, Maddy Berg, Sue Kim, Jihoo Kim, and Cherrie Wang. Advice was also provided on tax matters by Bay Area partner Katharine Moir, with associate Chris Zhao; on benefits matters by Boston partner Josh Friedman, with associate Rebecca Fishbein; on intellectual property matters by Washington, D.C. partner Morgan Brubaker, with associates Deborah Hinck and Daniel Barks; on environmental matters by Orange County partner Josh Bledsoe and New York counsel David Langer, with associates Brian McCall and Reilly Nelson; on antitrust/regulatory matters by Bay Area partner Josh Holian and Washington, D.C. partner Damara Chambers, with associates Nathaniel Amann, Christina Lantuh, and Amulya Vadapalli; on real estate matters by San Diego partner Stephanie Fontanes; on government contracts matters by Washington, D.C. partner Kyle Jefcoat; and on FCPA matters by Washington, D.C. partner Erin Brown Jones.