20 July 2018

Coventya completes third add-on acquisition with Silverfleet Capital support

Fund II portfolio company, Coventya, has made its third add-on acquisition under our ownership with the purchase of a majority stake in microGLEIT GmbH.

microGLEIT is a high end specialty lubricants company, headquartered in Germany. By bringing together world-class solutions for corrosion protection from Coventya and high end specialty lubrication, Coventya is enhancing further its high performance coating systems allowing the company to exceed even the toughest demands for most industries and applications – worldwide.

This acquisition follows Coventya’s acquisition of Politeknik and Telbis, both based in Turkey, which were announced in February 2017.

For further information, please visit https://www.coventya.com/surface-treatment-competences-expanded/

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