Sika Completes Acquisition of MBCC Group

Business Deal Sika Completes Acquisition of MBCC Group

08.05.2023 Source: Press release Ahlam Rais

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With the successful takeover of the MBCC Group, which generated sales of 2.3 billion dollars in 2022, Sika aims to strengthen its sustainable product portfolio in the global construction industry.

Baar/Switzerland – Sika has completed the acquisition of MBCC Group after having received all necessary regulatory approvals. With this highly complementary transaction, Sika strengthens its footprint across all regions, reinforces its range of products and services across the entire construction life cycle and drives the sustainable transformation of the construction industry further and faster.

MBCC Group, headquartered in Mannheim, Germany, and formerly owned by an affiliate of Lone Star Funds, is active in the field of construction systems and admixture systems. To close the transaction and to comply with regulatory requirements, Sika sold MBCC Group’s chemical admixtures assets in the UK, the USA, Canada, Europe, Australia, and New Zealand to the international private equity firm Cinven. The business now acquired by Sika generated sales of 2.3 billion dollars in 2022, employs 6,200 people and operates in over 60 countries and 95 production facilities.

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"Today is a historic day for Sika. We are delighted to welcome the MBCC employees to the Sika family. We embark on our exciting journey and will continue to drive Sika’s growth story. Thanks to our extensive experience in integrating companies, we will successfully bring Sika and MBCC together and combine our strengths to create the new reference in the construction chemicals industry. Together we will deliver world-class performance for our customers and develop innovative, sustainable solutions," shares Thomas Hasler, CEO.

After the successful closing, Sika’s sustainable product portfolio will be further enhanced with MBCC’s innovative technologies.

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