Element Solutions acquired Coventya Holding SAS for ~EUR420 million (~$486 million, net of cash), a transaction announced in September 2021.
Largest post-rename deal; acquired a global provider of specialty chemicals for the surface-finishing industry to expand the Industrial Solutions business line within the Industrial & Specialty segment; funded with $400M add-on term loans and cash.
Largest post-rename deal; acquired a global provider of specialty chemicals for the surface-finishing industry to expand the Industrial Solutions business line within the Industrial & Specialty segment; funded with $400M add-on term loans and cash.
we completed the Coventya Acquisition for $486 million, net of cash. Coventya is a global provider of specialty chemicals for the surface finishing industry which complements our industrial portfolio.
Advisory firms were not disclosed for this transaction.