Coventya

Torsten Becker Chief Financial Officer ( CFO)

Coventya Group is a global French manufacturer of specialty chemicals for surface treatment using chemical or electroplating processes. The products include the General electroplating ( in English: General Metal Finishing or GMF ), including the electroless process like eg Electroless nickel.

The Group is represented in some 50 countries and employs approximately 400 people (2010), which, in the year about 100 million euros in sales. It arose historically from the predecessor organization Société Continentale Parker ( founded in 1927 ), which is a part of the German Chemetall group today.

Coventya develops, produces and sells additives for:

  • Protection against corrosion - Zinc and zinc alloys, passivation based on trivalent chromium sealer and top coats.
  • Decoration - copper, nickel and chromium coatings and their alloys
  • Functional - Electroless nickel and hard chrome
  • Precious metals - Comprehensive range of procedures for gold, silver, platinum metals and their alloys
  • Pretreatment - cleaning and activation of surfaces prior to finishing

The main users are the wage electroplating plants, which act as a service provider for the automotive, construction and plumbing industry. Furthermore, paragraph find the products in the fashion and luxury goods manufacturing, electronics and oil industries.

Coventya is represented worldwide and operates six R & D centers in Europe and the United States. One of the biggest competitors of Coventya are the companies Enthone and MacDermid.

History

Coventya group goes back to the company Société Continentale Parker, which had been founded in 1927 by aviation pioneers Robert Dete, Enea Bossi, Louis Paulhan and Pierre Prier. The decisive factor was a license Parker, Chicago, succeeded with the entry into the phosphating. By entering into a distribution agreement with the U.S. company Udylite the spectrum was extended by electroplating.

In 1965, Metallgesellschaft AG took over in Frankfurt / Main, the majority of the Société Continentale Parker and led them as an investment in its Specialty Chemicals subsidiary Chemetall GmbH. Were initially neighboring regions such as Benelux and Spain in the foreground, was from 1988 a forced policy of external growth in European Galvanotechnikmärkte:

  • Barattini, Italy ( 1989)
  • Polar, Italy ( 1993)
  • TECS, France ( 1994)
  • Pelidag, France ( 1995)
  • Weiland, Germany (1996 )

The resulting diversity of names was eliminated by renaming to Chemetall Plating Technologies in 1998.

The listed Metallgesellschaft fell in 1993 due to incorrect speculation in the oil business in significant economic difficulties from which they never fully recovered. Indirectly, this led to the fact that Chemetall separated from Galvanotechnikgeschäft in 2000 and the latter was removed under the name " Coventya ".

Globalization was continued in subsequent years through further acquisitions or start-ups:

  • Folke Stigen, Sweden ( 2001)
  • McGean Rohco Mexico ( 2002)
  • CGT / Auromet, Italy ( 2002)
  • CGL Quimica, Brazil ( 2003)
  • Sirius Technologies, USA (2004)
  • Coventya (Suzhou ) Chemicals, China, 2006
  • Taskem, USA (2007)
  • Palojoki, Finland ( 2008)
  • Galvanotechnikaktivitäten Chemetall - Rai, India ( 2011)
  • Molecular Technologies, UK ( 2012)

This development of a global service infrastructure was necessary due to the expectations of the automotive industry, which in turn globalized and expects appropriate action their strategic suppliers.

Ownership

Following the acquisition of Société Continentale Parker by the Frankfurt-based Metallgesellschaft AG in 1965, the business in 1982 outsourced Chemetall GmbH was settled. The latter was focused on the business of fine and specialty chemicals. Following the acquisition of Dynamit Nobel AG in 1992, Metallgesellschaft bundled all chemical activities in its new subsidiary. In 2000, Chemetall separated from Galvanotechnikgeschäft in the form of a management buy -outs, which was funded by the division management and Quadriga Capital in Frankfurt. As a result, a significant proportion of employees partner of Coventya. Following the retirement of the investor in 2006 to the French bank Natexis belonging investment funds Xs took over the majority of shares, which he gave to Barclays Private Equity France (now Equistone Partners Europe ) in 2011. The business is the holding company Compagnie Internationale de Galvanoplastie ( Cigal ) SAS performed with the registered office in Clichy, France.

Locations

  • Gütersloh, Germany
  • Villorba, Italy
  • Agliana, Italy
  • Wolverhampton, UK
  • Cleveland, United States
  • Mexico City
  • Caxias do Sul, Brazil
  • Suzhou, China
  • Pune, India

In addition, the group operates service centers in over 40 countries.

In 2010, revenues distributed to the regions Europe: 65%, Americas 28% and Asia: 7%.

Types of business entity Clichy, Hauts-de-Seine
205789
de