Nov 11, 2021ACQUISITIONSwitzerland Sika to acquire MBCC Group for CHF 5.5 billion
Sika has signed a definitive agreement to acquire MBCC Group, a construction chemicals supplier, from Lone Star Funds for CHF 5.5 billion. The transaction is expected to close in the second half of 2022.
Productsconstruction chemicals
“Sika has signed a definitive agreement to acquire MBCC Group, the former BASF Construction Chemicals, from an affiliate of Lone Star Funds, a global private equity firm, for a consideration of CHF 5.5 billion.”sika.com
- 4 sources
- sika.comSika to Acquire MBCC Group to Accelerate Its Growth Strategy and Reinforce Its Position as Sustainability Champion in the Global Construction IndustryThomas HaslerNov 11, 2021
- gcc.sika.comSika to Acquire MBCC Group to Accelerate Its Growth ...Nov 11, 2021
- euronews.comSika to buy former BASF chemicals company from Lone Star for $6 billion | EuronewsNov 12, 2021
- cen.acs.orgSika to buy construction chemicals maker MBCCAlex ScottNov 21, 2021
Summarized from public sources; check the original articles before acting on it.
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