# MC-Bauchemie acquires majority stake in LICON Manufacturing PLC

MC-Bauchemie Müller GmbH & Co. KG acquired a majority stake in LICON Manufacturing PLC, a manufacturer of plasters and construction products in Ethiopia, from CONMIX Ltd. and LICA PLC.

- Type: Acquisition
- Announced: 2018-12-20
- Where: Addis Ababa, Ethiopia, Ethiopia
- Status: completed
- Products: plasters, tile adhesives, mortar and concrete admixtures, repair materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [MC-Bauchemie Müller GmbH & Co. KG](https://endata.com/companies/36314.md) (acquirer)
- [LICON Manufacturing PLC](https://endata.com/companies/36315.md) (target)
- [CONMIX Ltd.](https://endata.com/companies/36316.md) (partner)
- [LICA PLC](https://endata.com/companies/36317.md) (partner)

## Sources

- [pressewissen.de](https://www.pressewissen.de/2018/12/20/mc-bauchemie-erwirbt-mehrheit-an-aethiopischer-gesellschaft/), 2018-12-20: "MC-Bauchemie Müller GmbH & Co. KG hat Ende November 2018 die Anteile der CONMIX Ltd. an der LICON Manufacturing PLC erworben und besitzt nunmehr die Mehrheit der Anteile."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.