Add-on Acquisition • Chemicals

Coventya Acquires Politeknik Metal Sanayi ve Ticaret A.S.

On February 2, 2017, Coventya acquired chemicals company Politeknik Metal Sanayi ve Ticaret A.S.

Acquisition Context
  • This is Coventya’s 1st transaction in the Chemicals sector.
  • This is Coventya’s 2nd transaction in Turkey.

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M&A Deal Summary

Date February 2, 2017
Target Politeknik Metal Sanayi ve Ticaret A.S.
Sector Chemicals
Buyer(s) Coventya
Deal Type Add-on Acquisition

Target Company

Politeknik Metal Sanayi ve Ticaret A.S.

Istanbul,, Turkey
Politeknik Metal Sanayi ve Ticaret A.S. is a manufacturer of aluminium surface treatment (“AST”) chemicals and engineering services for the corresponding application equipment.
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Buyer Overview 1

Buyer

Coventya

Villeneuve-la-Garenne, France

Category Company
Sector Chemicals
DESCRIPTION

Coventya develops and supplies specialty chemicals for surface finishing in over 40 countries and 4 continents. Coventya is based in Villeneuve-la-Garenne, France.


Deal Context for Buyer #
Overall 2 of 2
Sector: Chemicals 1 of 1
Type: Add-on Acquisition 2 of 2
Country: Turkey 2 of 2
Year: 2017 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-02 Telbis Yuzeybilim Sinai Kim

Gebze,, Turkey

Telbis is a distributor of chemicals to the general metal finishing (“GMF”) market in Turkey.

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