MIAMI – Element Solutions acquired DMP Corp., provider of wastewater treatment and recycle and reuse solutions, for an undisclosed sum.

With the acquisition, Element Solutions forms MacDermid Envio Solutions, a new business focused on helping customers reduce their environmental impact through proprietary water treatment and metals recycling. This business will report under Element Solutions’ Industrial Solutions vertical but sell across ESI’s broader end markets. DMP will be combined with ESI’s existing Chemtech metals recycling business.

“As environmental concerns and regulation continue to drive change within the specialty chemicals industry and our existing supply chain, we continue to invest in technology to help our customers meet and exceed these requirements,” said CEO Benjamin Gliklich. “The acquisition of DMP and formation of MacDermid Envio Solutions allow Element Solutions to offer its customers capabilities that are both needed today and will be needed more over time. DMP’s existing footprint is in North America, but its technology is relevant around the world. There is a great growth opportunity in taking this business to our global customer base. Environmental matters are existential for our customers, and we are excited to help provide them with yet another set of critical solutions. MacDermid Envio Solutions will launch with a modest $20 million of annual sales; however, we have greater ambitions for it in the near term.”

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