# Sika and MBCC Group propose remedy for UK merger concerns

Sika AG and MBCC Group have asked the UK's CMA to fast-track a remedy for their merger, proposing to sell MBCC's chemical admixtures business in the UK, Europe and several other countries to address competition concerns.

- Type: Acquisition
- Announced: 2022-10-26
- Where: UK, United Kingdom
- Value: $5.10B (4.50B GBP)
- Status: announced
- Products: chemical admixtures for cement
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

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

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/173683/sika-requests-fast-track-remedy-from-cma.html), 2022-10-26: "The firms accept that the merger could reduce competition in the UK chemical admixture market."
- [cen.acs.org](https://cen.acs.org/business/mergers-&-acquisitions/Celanese-Sika-plan-sales-clear/100/i38), 2022-10-29: "Sika and MBCC have offered to divest the latter’s chemical admixture business in the UK, Europe, and elsewhere."

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