Element Solutions completed the acquisition of Coventya from Silverfleet Capital for $500m.

Element Solutions, a specialty chemicals company, completed the acquisition of Coventya, a manufacturer and distributor of speciality chemicals, from Silverfleet Capital, a private equity firm, for $500m. “This has long been a logical combination which we believe will provide customers with a broad suite of enhanced solutions that will be differentiated in our markets. I am incredibly proud of the team that has enabled Coventya’s success to date and thankful for their effort to build such an outstanding company. The future is bright for our business and its people, and we are all looking forward to becoming a part of the dynamic company that the team at Element Solutions is building," Erik Weyls, Coventya CEO.