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Sika has signed a definitive agreement to acquire MBCC Group, the former BASF Construction Chemicals, for $6 billion. MBCC Group is headquartered in Mannheim, Germany.
Sika has signed a definitive agreement to acquire MBCC Group, a construction chemicals supplier, from Lone Star Funds for CHF 5.5 billion. The transaction is expected to close in the second half of 2022.
MBCC Group has signed an agreement to acquire Fabpro Polymers, a developer and manufacturer of synthetic polypropylene fibers for reinforced concrete in North America. The transaction closed simultaneously with the signing.