Element Solutions completed the acquisition of H.K. Wentworth Group for $60m.

Element Solutions, a specialty chemicals company, completed the acquisition of H.K. Wentworth Group, a manufacturer of electro-chemicals for the electronics, for $60m. “We are pleased to announce our acquisition of HKW, a business with great technology, history and promise. Their Electrolube product line is a direct and attractive adjacency to our electronics portfolio offering high-quality solutions that meet the increasingly important and rigorous requirements to protect electronics hardware in demanding applications. We believe their conformal coatings, thermal interface materials and other encapsulation products are purpose-built for the needs of next generation mobile and automotive electronics. Our global scale and relevant customer intimacy should allow us to grow this business substantially in the near-term. I am thrilled to welcome the HKW team to the Element Solutions family," Benjamin Gliklich, Element Solutions President and CEO.