Sika and Ineos Enterprises have signed an agreement for the acquisition of MBCC Group’s admixtures assets in the US, Canada, Europe, and the UK and its entire operations in Australia, and New Zealand.
Sika has successfully placed a bond with a total amount of EUR 607 million through a triple tranche. The net proceeds of the transaction will be used, among other things, to finance the acquisition of the MBCC Group.
The UK Competition and Markets Authority (CMA) has decided to conduct an in-depth examination in the UK market related to Sika’s planned acquisition of MBCC Group. Closing is now targeted for the first half of 2023.
/PRNewswire/ The "Global Concrete Repair Mortars Market by Type (PMC and Epoxy Based),Application Method (Hand/Trawling, Spraying, Pouring),End-use Industry.