Coventya

COVENTYA's history is linked to Société Continentale Parker in Clichy (92, France). In 1927, four aviation pioneers: Louis Paulhan, Enea Bossi, 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://web.archive.org/web/20121112221224/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 Google docs] 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 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 Google docs] {{dead link|date=January 2024}}

In 1965, the German group Metallgesellschaft AG 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.{{Cite web|url=http://www.chemetall.fr/index.jsp?content=4CCD93CAF81F5570C1256E950057327E&men=1&submen=2&subopen=1_true|title = Chemetall Group - Home}}

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){{cite web |url=http://issuu.com/infopro/docs/821-24-dossier_/8 |title=Galvano Organo by Infopro Digital |website=issuu.com |url-status=dead |archive-url=https://web.archive.org/web/20140726185521/http://issuu.com/infopro/docs/821-24-dossier_/8 |archive-date=2014-07-26}}
• 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.{{Cite web|url=http://www.usinenouvelle.com/article/traitement-de-surfacechemetall-plating-technologies-se-deploiereprise-par-quadriga-capital-et-le-management-la-division-traitements-electrolytiques-de-chemetall-rebaptisee-coventya-multiplie-les-proje.N100265|title = TRAITEMENT DE SURFACEChemetall Plating Technologies se déploieReprise par Quadriga Capital et le management, la division traitements électrolytiques de Chemetall, rebaptisée Coventya, multiplie les projets|date = 25 January 2001| last1=Nouvelle | first1=L'Usine }}

Coventya continued to pursue the globalization trend, favoring the external development of the company by acquisition:

• Folke-Stigen, Sweden (2001){{Cite web|url=http://www.industrie.com/chimie/galvanoplastie-premiere-acquisition-pour-coventya,23463|title=Galvanoplastie/Première acquisition pour Coventya|date=21 May 2001|last1=Chimie|first1=Info}}
• McGean Rohco Mexico (2002){{Cite web|url=http://artigos.tol.pro.br/portal/linguagem-fr/Coventya|title=Sobre Coventya | Tecnologia On-Line|access-date=2014-07-18|archive-date=2014-07-25|archive-url=https://web.archive.org/web/20140725021239/http://artigos.tol.pro.br/portal/linguagem-fr/Coventya|url-status=dead}}
• CGT/Auromet, Italy (2002){{Cite web|url=http://www.industrie.com/chimie/projets-et-realisations-coventya-reprend-un-groupe-italien,31692|title=Projets et réalisations/Coventya reprend un groupe italien|date=28 October 2002|last1=Chimie|first1=Info}}
• CGL Quimica, Brazil (2003)
• Sirius Technologies, USA (2004){{Cite web|url=https://aboutus.com/Sirius-Tech.com|title=Sirius-Tech.com - AboutUs|website=aboutus.com|accessdate=6 January 2024}}
• Coventya (Suzhou) Chemicals, China, (2006){{Cite web |url=http://www.sfchina.net/2010/detail_en.asp?boothnumber=SF13E13-16 |title=Sfchina |access-date=2011-07-25 |archive-url=https://web.archive.org/web/20120328042210/http://www.sfchina.net/2010/detail_en.asp?boothnumber=SF13E13-16 |archive-date=2012-03-28 |url-status=dead }}
• Taskem, USA (2007)
• Palojoki, Finland (2008)
• Plating Business of Chemetall-Rai, India (2011)
• Molecular Technologies, UK (2012){{cite web |url=http://www.metalfinishing.com/view/24442/coventya-completes-acquisition-of-molecular-technology/ |title=Coventya Completes Acquisition of Molecular Technology - Metal Finishing |website=www.metalfinishing.com |url-status=dead |archive-url=https://web.archive.org/web/20140725153523/http://www.metalfinishing.com/view/24442/coventya-completes-acquisition-of-molecular-technology/ |archive-date=2014-07-25}}
• Ecostar Co. Ltd South Korea (2012) {{Cite web |url=http://www.lightweight-design.de/index.php;do=show/site=jot/sid=82804164753d3f2e2abe25822124620/alloc=110/id=16495 |title=Coventya expandiert in Korea - LightWeightDesign |archive-url=https://archive.today/20140803112006/http://www.lightweight-design.de/index.php;do=show/site=jot/sid=82804164753d3f2e2abe25822124620/alloc=110/id=16495 |archive-date=3 August 2014 |url-status=dead}}
• Politeknik, Turkey (2017) {{Cite news|url=https://www.icis.com/resources/news/2017/02/02/10075552/french-coventya-expands-with-two-acquisitions-in-turkey/|title=French Coventya expands with two acquisitions in Turkey|access-date=2018-08-23|language=en-GB}}
• Telbis Turkey (2017)
• MicroGLEIT, Germany (2018) {{Cite news|url=https://www.biv.org/unternehmensticker/einzelansicht/news/detail/News/coventya-erwirbt-mehrheitsbeteiligung-der-microgleit-gmbh.html|title=Coventya erwirbt Mehrheitsbeteiligung der microGLEIT GmbH|access-date=2018-08-23|language=de|archive-url=https://web.archive.org/web/20180823174257/https://www.biv.org/unternehmensticker/einzelansicht/news/detail/News/coventya-erwirbt-mehrheitsbeteiligung-der-microgleit-gmbh.html|archive-date=2018-08-23|url-status=dead}}

In June 2021, it was announced that Element Solutions, through its subsidiary MacDermid Enthone, would acquire the company.{{Cite web|title=MacDermid Enthone Industrial Solutions Announces Intention to Acquire Coventya |url=https://www.finishingandcoating.com/index.php/plating/688-macdermid-enthone-industrial-solutions-announces-intention-to-acquire-coventya |access-date=2023-03-09 |website=FinishingandCoating.com |date=11 June 2021 |language=en-gb}} The takeover was completed in September of the same year.{{Cite web |date=2021-09-01 |title=Element Solutions Inc Announces Closing of Coventya Acquisition |url=https://www.businesswire.com/news/home/20210901005628/en/Element-Solutions-Inc-Announces-Closing-of-Coventya-Acquisition |access-date=2023-03-09 |website=www.businesswire.com |language=en}}

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 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 Google docs] {{dead link|date=January 2024}} 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.{{Cite web |url=http://www.cfo-news.com/NiXEN-Partners-annonce-la-cession-du-groupe-Coventya_a18713.html |title=NiXEN Partners annonce la cession du groupe Coventya |access-date=2011-07-25 |archive-url=https://web.archive.org/web/20110715025817/http://www.cfo-news.com/NiXEN-Partners-annonce-la-cession-du-groupe-Coventya_a18713.html |archive-date=2011-07-15 |url-status=dead }}

Since 2012, Coventya's headquarters are located in Villeneuve-la-Garenne (near Paris){{Cite web|url=https://www.societe.com/societe/coventya-433420577.html|title=COVENTYA (NEYRON) Chiffre d'affaires, résultat, bilans sur SOCIETE.COM - 433420577|website=www.societe.com|accessdate=6 January 2024}} and the major shareholder is presently the European investment fond Silverfleet Capital.{{Cite news|url=https://realdeals.eu.com/news/2016/03/29/silverfleet-acquires-coventya-from-equistone/|title=Silverfleet acquires Coventya from Equistone - Real Deals|last=Figari|first=Luciano|date=2016-03-29|work=Real Deals|access-date=2018-08-23|language=en-GB}}

• Gütersloh, Germany {{Cite web |url=https://www.stadtwerke-gt.de/762.0.html |title=Stadtwerke Gütersloh: Coventya GmbH |access-date=2014-07-18 |archive-url=https://web.archive.org/web/20140726091743/https://www.stadtwerke-gt.de/762.0.html |archive-date=2014-07-26 |url-status=dead }}
• Pfaffenhofen, Germany
• Villorba, Italy{{Cite web|url=http://www.impresaitalia.info/KK04055775/coventya-srl/villorba.aspx|title = Coventya SRL Villorba - Impresa Italia}}
• Agliana, Italy{{Cite web|url=http://www.impresaitalia.info/search.asp?pagina=1&tipo=1&cerca=cerca&cosa=coventya+srl&dove=Agliana&cerco=idcatul|title = Hai cercato coventya SRL Agliana su impresaitalia.info}}
• Wolverhampton, UK{{Cite web|url=http://www.companiesintheuk.co.uk/ltd/coventya|title = Coventya Limited, WV10 7DF : Companies House Number 03694016}}
• Cleveland, Ohio, USA
• Mexico City{{cite web |url=http://www.business-to-business-directory.com/Coventya-Mexico-S-A-De-C-V |title=Coventya México S.A. De C.V. |access-date=2011-07-25 |url-status=dead |archive-url=https://web.archive.org/web/20120313050342/http://www.business-to-business-directory.com/Coventya-Mexico-S-A-De-C-V |archive-date=2012-03-13 }}
• Caxias do Sul, Brazil{{Cite web|url=http://www.hagah.com.br/rs/caxias-do-sul/local/133264,2,coventya-quimica.html|title = Coventya Química em Caxias do Sul/RS | Representantes de produtos químicos hagah}}
• Suzhou, China{{Cite web |url=http://www.certipedia.com/quality_marks/9105048707/more_information?locale=en |title=TÜV Rheinland Group - Request more information on Coventya Surface Treatment Technology (Suzhou) Co., LTD. No. 1088 Yinzhong South Road, Hedong Industrial Park, Wuzhong |access-date=2014-07-18 |archive-url=https://web.archive.org/web/20150416003716/http://www.certipedia.com/quality_marks/9105048707/more_information?locale=en |archive-date=2015-04-16 |url-status=dead }}
• Pune, India{{cite web |url=http://www.metalfinishing.com/view/24070/coventya-broadens-presence-in-asia/ |title=Coventya Broadens Presence in Asia - Metal Finishing |website=www.metalfinishing.com |url-status=dead |archive-url=https://web.archive.org/web/20140719071734/http://www.metalfinishing.com/view/24070/coventya-broadens-presence-in-asia/ |archive-date=2014-07-19}}
• Cheonan, South Korea{{Cite web|url=http://issuu.com/grupotp/docs/autorevista_-_2269|title=Autorevista - 2269 by Versys Ediciones Técnicas, S.L. - Issuu|date=7 November 2013 }}
• Johor, Malaysia
• Istanbul, Turkey

The Turnover distribution in 2017 was as follows:

• Europe: 57%
• Americas: 23%
• Asia: 20%

COVENTYA develops, manufactures and distributes a complete range of products for the plating industry such as:

• Preparation: Cleaners, Etching solutions, Chemical and Electrolytic Polishing Products
• Corrosion protection: Zinc 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, Silver, Palladium, Rhodium, Platinum, Ruthenium (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.

{{reflist}}

• Dynamit Nobel

Category:Chemical companies of Germany

Category:Chemical companies established in 1927

Category:Companies based in North Rhine-Westphalia

Category:Gütersloh

Category:French companies established in 1927