Coventya Completes Acquisition of Molecular Technology

Purchase broadens Coventya's capabilities to include cataphoretic lacquers.

Coventya, a global leader in specialty chemicals for the electroplating and surface treatment industry, is pleased to announce that effective Feb. 29, 2012, it has completed the acquisition of UK-based Molecular Technology. The Wolverhamption, West Midlands-based company specializes in cataphoretic lacquers.

Founded in 1999, Molecular Technology's products are well known in the industry and distributed in more than 20 countries. The primary target of these products is for decorative applications where Coventya expects to leverage their expertise in both copper-nickel-chrome and precious metals, opening a variety of options, most notably in emerging markets. In the immediate term, the company will be renamed Coventya Ltd, with plans to grow beyond the lacquer business utilizing the full Coventya  product line in the UK market.

To learn more about Coventya's new addition, or to better understand the features of its new products, please visit Molecular Technology's website.

For more information, please visit Coventya online.

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Automotive  •  Decorative  •  Industry Trends & Happenings


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