and the management
acquired

May 26th, 2016

Acquisition of Coventya

Founded in 1927, Coventya is a Paris headquartered company with a strong international presence. The Group manufactures and supplies  specialty chemicals used for surface treatment. Thanks to its capacity to innovate and the quality of its customer service, the company has become one of the world leaders in this niche market. In the automotive industry for example, Coventya supplies extremely resistant anti-corrosive zinc and nickel alloys. The luxury goods producers use its range of plating chemicals for the decoration of handbags, jewelry, watches and other accessories. Coventya benefits from highly qualified chemists based in 7 R&D centers in France, Germany, Italy and the USA. The group operates in 58 countries on 4 continents and has 570 employees, 70 of whom are based in France at a site in Villeneuve-la-Garenne near Paris. For the 2015 financial year ended in September, the Group generated a turnover of €124 million, 85% of which was from outside France.