# Sika cleared to acquire MBCC Group subject to divestment

The Commerce Commission of New Zealand granted clearance for Sika AG to acquire the MBCC Group, subject to the divestment of MBCC's business in New Zealand, Australia, the UK, EU, US, and Canada, including its global R&D facility in Trostberg, Germany.

- Type: Acquisition
- Announced: 2023-04-04
- Where: New Zealand, New Zealand
- Status: announced
- Products: chemical admixtures for concrete
- 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) (acquirer)
- [MBCC Group](https://endata.com/companies/57018.md) (target)

## Sources

- [comcom.govt.nz](https://www.comcom.govt.nz/news-and-media/news-and-events/2023/sika-cleared-to-acquire-mbcc-group-subject-to-divestment/), 2023-04-04: "The Commerce Commission has granted clearance for Sika AG to acquire the MBCC Group subject to divesting certain assets of MBCC, including the entirety of MBCC’s business in New Zealand."
- [concurrences.com](https://www.concurrences.com/fr/bulletin/news-issues/april-2023/the-new-zealand-competition-authority-conditionally-approves-the-acquisition-of), 2023-04-12: "The Commerce Commission has granted clearance for Sika AG to acquire the MBCC Group subject to divesting certain assets of MBCC, including the entirety of MBCC’s business in New Zealand."

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