Sale of Coventya by Silverfleet Capital to Element Solutions Inc.

15.juin.2021

Sale of Coventya by Silverfleet Capital to Element Solutions Inc.

Moncey Avocats assisted the managing shareholders of Coventya Group, owned by Silverfleet Capital, in its sale to Element Solutions Inc.

Coventya is an international specialty chemicals business headquartered in France. Completion of the transaction is subject to certain regulatory approvals and is expected by Q3 or Q4 2021.

Founded in 1927, Coventya operates in 60 countries across four continents, employing c.700 staff based in 12 production sites and 10 R&D centres.

The Moncey Avocats team was composed of Frédéric Pinet, partner, and Alexandre Brossier, lawyer, in mergers and acquisitions and Frédéric Bosc, partner, in tax.