# Sika targets H1 2023 closing for MBCC Group acquisition

Sika's planned acquisition of MBCC Group from Lone Star Funds for CHF 5.5 billion is now targeted to close in the first half of 2023, after the UK CMA decided to conduct an in-depth examination.

- Type: Acquisition
- Announced: 2022-08-10
- Value: $5.75B (5.50B CHF)
- Status: announced
- Products: construction chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Lone Star Funds](https://endata.com/companies/8698.md) (investor)
- [Sika](https://endata.com/companies/10682.md) (acquirer)
- [MBCC Group](https://endata.com/companies/57018.md) (target)

## Sources

- [gcc.sika.com](https://gcc.sika.com/en/media/media-releases/2022/sika-to-acquire-mbcc-group.html), 2022-08-10: "Closing is now targeted for the first half of 2023."
- [reuters.com](https://www.reuters.com/markets/deals/sikas-mbcc-acquisition-delayed-after-uk-inquiry-launched-2022-08-10/), 2022-08-10: "The closing of the 5.5 billion Swiss franc deal is now targeted for the first half of 2023, rather than the previously expected end of 2022."

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