COVENTYA Group is an international company which provides

specialty chemicals Speciality chemicals (also called specialties or effect chemicals) are particular chemical products which provide a wide variety of effects on which many other industry sectors rely. Some of the categories of speciality chemicals are adhesives, ag ...

for electroplating, surface finishing & friction control. These chemicals are used in the so-called GMF (General Metal Finishing) industry. Surface finishing is used in various industries such construction, sanitary, fashion, luxury goods, electronic or oil industry. The group is present in more than 60 countries and employs more than 670 people (2018). Its global turnover is about 150 million Euros.http://www.theengineer.co.uk/sectors/process/barclays-private-equity-completes-mbo-of-coventya/1009386.article The group was created in 1927 as Société Continentale Parker. The company was formerly part of the Chemetall group located in Frankfurt, Germany. COVENTYA is represented worldwide with production sites in Brazil, Italy, Germany, United-Kingdom, India, South Korea, China, Mexico, Turkey and the USA.

History

COVENTYA's history is linked to ''Société Continentale Parker'' in Clichy (92, France). In 1927, four aviation pioneers:

Louis Paulhan Isidore Auguste Marie Louis Paulhan (; 19 July 1883 – 10 February 1963), was a French aviator. He is known for winning the first ''Daily Mail'' aviation prize for the first flight between London and Manchester in 1910. Biography Paulhan was b ...

Enea Bossi Enea Bossi Sr. (March 29, 1888January 9, 1963) was an Italian-American aerospace engineer and aviation pioneer. He is best known for designing the Budd BB-1 ''Pioneer'', the first stainless steel aircraft; and the ''Pedaliante'' airplane, dispu ...

, Pierre Prier and Robert Deté created ''Société Continentale Parker'' on the basis of a license for Parkerisation from Parker Rust-Proof in Detroit (MI, USA).https://docs.google.com/viewer?a=v&q=cache:CF2-R1pwnnUJ:www.greenovate-europe.eu/system/files/u53/3_Thiery.pdf+Parker+rust+proof+soci%C3%A9t%C3%A9+continentale&hl=en&pid=bl&srcid=ADGEEShwk7s2-WPsbwyXz_GPGiwl0z6aLHF7rpXqwWn1TvfRemEnWrXO_fHr2m5ByFZvtAlAJhKhW1BZ1_FyM2lA-iuJ-G9KBaKIj0Vp9CzqnmP7g73CjIQTH6niLhJxwp0IzILx4YZS&sig=AHIEtbTm2-ay-jjFiE2vu6D4KT52oRBPmQ In 1930, Continentale Parker started its Plating activities based on a license agreement of Udylite also from Detroit. The first licensed product introduced into the market was an organic brightener for

Cadmium Cadmium is a chemical element with the symbol Cd and atomic number 48. This soft, silvery-white metal is chemically similar to the two other stable metals in group 12, zinc and mercury. Like zinc, it demonstrates oxidation state +2 in most of ...

plating. During the 1960s, Continentale Parker specialized in the Plating of precious metals due to the distribution of Sel-Rex processes of Nutley (NJ, USA).https://docs.google.com/viewer?a=v&q=cache:xM6lspRaRRcJ:epatras.economie.fgov.be/DisplayPDF/ExtraData/FR/5023/518798.pdf+continentale+parker+galvanoplastie&hl=en&gl=fr&pid=bl&srcid=ADGEESjnkqLktAb7Yti0zYsi8w5rVRrPH2o29WhEYOtokQt_iya5zzMeGqMSjFVR5PDDrd16_os_LrFDq7QH2C9_U1DRdassCJhjhIPchi6o8mpTjbpIRybiwCfCMIyghzkFtUOsBikv&sig=AHIEtbQ7A_dAc_SZ94PjRzJXqZMwBlyQ3Q In 1965, the German group

Metallgesellschaft AG Metallgesellschaft AG was formerly one of Germany's largest industrial conglomerates based in Frankfurt. It had over 20,000 employees and revenues in excess of 10 billion US dollars. It had over 250 subsidiaries specializing in mining, specialty c ...

acquired most of the shares of ''Société Continentale Parker''. Later on, it was integrated into Chemetall GmbH, created in 1984 in order to regroup all of its specialty chemicals activities. The internationalization began with the setting-up of electroplating departments in Chemetall Benelux and Spain, followed in 1988 by a new external development policy targeted towards Western Europe: *Barattini, Italy (1989) *Polar, Italy (1993) *TECS, France (1994) *Pelidag, France (1995) *Weiland, Germany (1996) The group eliminated the diversity of names by creating a new single identity in 1998: Chemetall Plating Technologies. The risky speculations of Metallgesellschaft on oil futures in 1993 eventually caused it to separate from the plating activity and led to the sale of the business in 2000 which then became COVENTYA. COVENTYA continued to pursue the globalization trend, favoring the external development of the company by acquisition: *Folke-Stigen, Sweden (2001) *McGean Rohco Mexico (2002) *CGT/Auromet, Italy (2002) *CGL Quimica, Brazil (2003) *Sirius Technologies, USA (2004)http://www.aboutus.org/Sirius-Tech.com *COVENTYA (Suzhou) Chemicals, China, (2006) *Taskem, USA (2007) *Palojoki, Finland (2008) *Plating Business of Chemetall-Rai, India (2011) *Molecular Technologies, UK (2012) *Ecostar Co. Ltd South Korea (2012) *Politeknik, Turkey (2017) *Telbis Turkey (2017) *MicroGLEIT, Germany (2018)

Capital Structure

After the acquisition of Société Continentale Parker in 1965, Chemetall GmbH was created in 1982 in order to manage all specialty chemicals of the group. Chemetall was then integrated in

Dynamit Nobel Dynamit Nobel AG is a German chemical and weapons company whose headquarters is in Troisdorf, Germany. It was founded in 1865 by Alfred Nobel. Creation After the death of his younger brother Emil in an 1864 nitroglycerin explosion at the fam ...

in 1992, the new subsidiary of Metallgesellschaft. In 2000, the activity became independent after an MBO (Management Buy-Out) with the support of Quadriga Capital, Frankfurt for the equity financing. After the exit of Quadriga in 2006, the French bank Natixis, via its subsidiary iXEN, took over the role of majority shareholder.https://docs.google.com/viewer?a=v&q=cache:BzNXkm54c3sJ:asso.proxiland.fr/_default/dlfile.asp%3Fdb%3D%26i%3D2320+rachat+coventya+par+Natixis&hl=en&gl=fr&pid=bl&srcid=ADGEESiY_FArGhE9kA8ZZkwPX31d4k-pfx3eYJg9sVuZKEGzBZW1O2JfODQc3mufdFmNVjP8WsuN_Xlila4P_1j_E7ZvpDMnWdwqFVnYbOyryp5EQe1s5hJxM0nkO-YBp2yAkYU-bmWa&sig=AHIEtbTI3GVJVoBiFqtz8LqT7BBIFK3KfQ A special feature of the structure was a significant shareholding of employees in the capital of the company. In 2011, Barclays Private Equity (renamed Equistone Partners Europe) took over the majority of the shares and the role of iXEN in its holding COVENTYA Holding SAS, with a registered office located in Clichy, France. Since 2012, COVENTYA's headquarters are located in Villeneuve-la-Garenne (near Paris)http://www.societe.com/societe/coventya-433420577.html and the major shareholder is presently the European investment fond Silverfleet Capital.

Production Sites

*Gütersloh, Germany *Pfaffenhofen, Germany *Villorba, Italy *Agliana, Italy *Wolverhampton, UK *Cleveland, Ohio, USA *Mexico City *Caxias do Sul, Brazil *Suzhou, China *Pune, India *Cheonan, South Korea *Johor, Malaysia *Istanbul, Turkey

Turnover

The Turnover distribution in 2017 was as follows: *Europe: 57% *Americas: 23% *Asia: 20%

Products

COVENTYA develops, manufactures and distributes a complete range of products for the

plating Plating is a surface covering in which a metal is deposited on a conductive surface. Plating has been done for hundreds of years; it is also critical for modern technology. Plating is used to decorate objects, for corrosion inhibition, to impro ...

industry such as: *Preparation: Cleaners, Etching

solution Solution may refer to: * Solution (chemistry), a mixture where one substance is dissolved in another * Solution (equation), in mathematics ** Numerical solution, in numerical analysis, approximate solutions within specified error bounds * Soluti ...

s, Chemical and Electrolytic Polishing Products *Corrosion protection:

Zinc Zinc is a chemical element with the symbol Zn and atomic number 30. Zinc is a slightly brittle metal at room temperature and has a shiny-greyish appearance when oxidation is removed. It is the first element in group 12 (IIB) of the periodi ...

and Zinc Alloys, Passivation, Chrome VI and Cobalt free conversion coatings and Top-coats *Lubrication: Anti-friction Coatings, Lubricating Pastes *Functional: Electroless NickelAl Ruffini, Matt Sisti, «Electroless Nickel Technology, Properties and Applications», Products Finishing 2004 Directory and Hard Chrome *Aluminium surface treatment: Cleaners, Etches, Surface Brighteners, Acid Deoxidizers and anodizing additives, as well as various Colouring Agents, Conversion Coatings and Sealants *Decoration: Copper-Nickel-Chrome and their alloys, Trivalent Chrome *Plating On Plastics: Wetting Agents, Neutralizers, Activators, Electroless Nickel For Plastic Metallization *Precious metals: Complete range of pure metals and their alloys:

Gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile me ...

Silver Silver is a chemical element with the symbol Ag (from the Latin ', derived from the Proto-Indo-European ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical ...

Palladium Palladium is a chemical element with the symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by the English chemist William Hyde Wollaston. He named it after the asteroid Pallas, which was itself na ...

Rhodium Rhodium is a chemical element with the symbol Rh and atomic number 45. It is a very rare, silvery-white, hard, corrosion-resistant transition metal. It is a noble metal and a member of the platinum group. It has only one naturally occurring i ...

Platinum Platinum is a chemical element with the symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. Its name originates from Spanish , a diminutive of "silver". Pla ...

Ruthenium Ruthenium is a chemical element with the symbol Ru and atomic number 44. It is a rare transition metal belonging to the platinum group of the periodic table. Like the other metals of the platinum group, ruthenium is inert to most other chemical ...

(Nickel and Cadmium free options are available) *Cathodic electrocoats: Wetting Agents, Solvents, Cataphoretic lacquers and colours *Water treatment: Cationic and Anionic polymers, Metal precipitants, Flocculants as well as Organic and Silicone based Antifoams.

References