SCOTTO & ASSOCIÉS advises the management of the Coventya Group during its acquisition by SilverFleet Capital

Press release 30 Mar 2016

Firm Contact

Nicolas Menard-Durand

+33 (0) 1 83 92 38 38

Press Contact

Anne Bassi

+ 33 (0) 1 40 46 07 27

Paris, 30 March 2016

Scotto & Associés advised the management team of the Coventya Group during a quaternary LBO orchestrated by the fund SilverFleet Capital, which succeeded Equistone as the majority shareholder.

A Franco-German chemical company that specialises in surface treatment through anti-corrosive zinc or nickel alloy deposits for the automotive, luxury and aeronautics sectors, Coventya employs 570 people (70 in France) and has tripled its turnover in fifteen years.

The Scotto & Associés team was formed of Nicolas Menard-Durand, partner, Franck Vacher and Cristina Narvaez, from the corporate team, and Jérôme Commerçon, partner, and Laurence Gautier for tax matters.

Other advisers on the transaction:

Latham & Watkins and PWC advised Silverfleet Capital

Linklaters advised Equistone

Banque Privée 1818 gave financial advice to the Coventya managers