September 2006
MML Capital Partners ("MML"), the mezzanine and private equity firm, announces that it has provided EUR 8.0 million of warranted mezzanine for the purchase of the Coventya Group (“Coventya”) by Natexis Industrie. This is the second investment from MML's fourth fund.
Coventya formulates and manufactures speciality additives (plating chemicals) that are used during the different phases of the plating process. Plating is the covering of surfaces with layers of metal for protection against corrosion, reducing abrasion,
decorative purposes or for precious metal. Coventya develops and provides the additives but do not trade the layer of metal itself. Since 2000, the Group has significantly developed through organic growth, selective acquisitions and partnership
agreements.