# Sika's acquisition of MBCC Group cleared by ACCC subject to divestiture

The ACCC will not oppose Sika's proposed acquisition of MBCC Group, subject to Sika divesting MBCC Group's entire business in Australia and New Zealand, including Bluey Technologies, as part of a global remedy package.

- Type: Acquisition
- Announced: 2023-04-20
- Where: Australia
- Status: announced
- Products: construction chemicals, chemical admixtures, fibres, concrete works
- 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)
- [Bluey Technologies](https://endata.com/companies/69840.md) (target)

## Sources

- [accc.gov.au](https://www.accc.gov.au/media-release/sikas-proposed-acquisition-of-mbcc-group-not-opposed-subject-to-global-divestiture), 2023-04-20: "The ACCC will not oppose Sika’s proposed acquisition of MBCC Group, after accepting a court-enforceable undertaking that commits Sika to divest MBCC Group’s entire business in Australia and 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.