# Cinven agrees to acquire MBCC Admixtures from Sika

Private equity firm Cinven has signed an agreement to acquire MBCC Group's Admixtures business from Sika AG. MBCC Admixtures is a global manufacturer of concrete admixtures headquartered in Mannheim, Germany.

- Type: Acquisition
- Announced: 2023-03-22
- Where: Mannheim, Germany, Germany
- Value: $6.12B
- Jobs: 6,200
- Status: announced
- Products: concrete admixtures
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Sika](https://endata.com/companies/10682.md)
- [Lone Star Funds](https://endata.com/companies/8698.md) (investor)
- [Sika](https://endata.com/companies/10682.md) (acquirer)
- [Sika](https://endata.com/companies/10682.md) (partner)
- [Cinven](https://endata.com/companies/23050.md) (acquirer)
- [Cinven](https://endata.com/companies/23050.md) (partner)
- [MBCC Group](https://endata.com/companies/57018.md) (target)

## Sources

- [cinven.com](https://www.cinven.com/news-insights/cinven-agrees-to-acquire-mbcc-admixtures/), 2023-03-22: "Cinven, today announces that it has signed an agreement with Sika AG to acquire MBCC Group's Admixtures business."
- [sika.com](https://www.sika.com/en/media/media-releases/archive/2023/sika-sales-admixture-assets-MBCC-Group.html), 2023-03-22: "The fact that we reached an agreement with Cinven without material changes underlines once more the attractiveness of the chemical admixture business."
- [chemweek.mydigitalpublication.com](https://chemweek.mydigitalpublication.com/articles/cinven-buys-mbcc-admixture-assets-from-sika-after-ineos-exit), 2023-03-30: "The fact that we reached an agreement with Cinven without material changes underlines once more the attractiveness of the chemical admixture business."
- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/sika-to-sell-selected-mbcc-group-admixture-assets-to-cinven/), 2023-04-04: "Sika has agreed to sell the Disposal Perimeter to international private equity firm, Cinven."
- [reuters.com](https://www.reuters.com/markets/deals/australian-competition-regulator-approves-sikas-proposed-61-bln-mbcc-deal-2023-04-20/), 2023-04-20: "Australia's competition regulator said it would not oppose Sika's 5.5 billion Swiss franc ($6.12 billion) takeover of MBCC Group, only if the Swiss chemicals maker divested MBCC Group's entire business in Australia and New Zealand."
- [sika.com](https://www.sika.com/en/media/media-releases/archive/2023/sika-successfully-closes-mbcc-acquisition.html), 2023-05-02: "Today is a historic day for Sika. We are delighted to welcome the MBCC employees to the Sika family."
- [pci-augsburg.eu](https://www.pci-augsburg.eu/en/about-us/presse/press-releases/pci-augsburg-gmbh-acquisition-by-sika-completed), 2023-05-03: "Today is a historic day for Sika. We are delighted to welcome the MBCC employees to the Sika family."
- [globenewswire.com](https://www.globenewswire.com/news-release/2023/08/04/2718715/0/en/sika-with-sales-up-by-7-9-consolidation-of-mbcc-acquisition-profit-expectations-for-2023-confirmed.html), 2023-08-04: "Thanks to the takeover of MBCC Group, Sika is moving to the next strategic growth level, ideally positioning itself for the future."

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