Element Solutions Inc.: Is the Micromax Deal a Game-Changer for Electronics Dominance?

Element Solutions Incorporated recently presented its third-quarter 2025 financial results, revealing solid performance and significant strategic advancements. The company achieved record adjusted EBITDA, despite the sale of its graphics business, and registered high single-digit organic growth in its Electronics segment. Additionally, the firm announced the acquisition of Micromax, an electronics inks and paste company, which is expected to enhance Element Solutions’ offerings in specialized markets like aerospace and health care. The third-quarter performance was boosted by strong execution in both the Electronics and Industrial segments. Electronics achieved a 7% organic growth rate, driven by demand for data center applications and a seasonal increase in mobile phone activity. The Industrial segment also reported meaningful profit growth despite flat top-line results, thanks to portfolio optimization and high-margin wins. One of the important strategic moves is the acquisition of Micromax.