Investments
Coventya
09/28/2006
 Revenue: €100 M Employees: 425 |
Link: http://www.coventya.com |
Business activity
International Group with French-German grass roots, COVENTYA is one of the four worldwide leaders in specialty chemicals and technologies in electroplating and surface finishing.
Present in all European countries, in North America, Brasil and Asia, COVENTYA’s main clients belong to the Automotive, Electronics and Luxury Industries.
Background to the deal
Former department of Metallgesellschaft, the COVENTYA Group has experienced its first LBO in 2000 during which the brand doubled its sales reaching 75 MEUR in 2006 while improving its profitability.
iXEN managed the second LBO of the Company in September 2006 in association with its Senior Management Team and that with the same success.
Growth prospects
COVENTYA has begun a new phase of development related to its strong capability of expanding outside its original market. It is in passing on its local know-how that the Group will grow geographically even further.
iXEN organized a secondary MBO of Coventya in September 2006 alongside the group's management team.
Contacts
Yves ROUCAUD, Marc-Elie BERNARD, Stéphane EPIN