Coventya Group takes over Molecular Technology
The Coventya Group, a manufacturer of speciality chemicals for the electroplating and surface treatment industry, has acquired Molecular Technology Ltd., based in Wolverhampton in the UK. The company, which was founded in 1999, specialises in electrocoating products. These are currently sold in more than 20 countries and are mainly used for decorative applications. Coventya expects to benefit in particular from the company’s expertise in processes for copper-nickel-chrome and precious metals, which will most importantly allow it to access new markets. In the next few weeks Molecular Technology will be renamed Coventya Ltd and, as a new Coventya Group site, will supply the complete Coventya product range on the British market.