+
Sika signs deal to acquire MBCC Group at around $6 billion
Company News

Sika signs deal to acquire MBCC Group at around $6 billion

Sika Group has signed an agreement to acquire MBCC Group from Lone Star Funds for nearly $6 billion.

This acquisition will increase its product and solution offerings in four of its five crore technologies and seven of eight Sika Target Markets and also strengthen the company's geographic footprint.

MBCC Group is active in construction and admixture systems. The company has around 7,500 employees, with operations across 60 countries and over 130 production facilities. It had expected to generate around $3.1 billion in 2021.

The company has a product portfolio of global and local brands. It participates in all construction phases, and the company is a key contributor to the decarbonisation of the construction industry.

Thomas Hasler, CEO of Sika Group, told the media that the company is the first in class for sustainable solutions across the construction sector and sets sustainability standards at the core of MBCC Group. He said that their partnership would provide the entire offerings to the construction industry. Having a combined portfolio, the companies will accelerate the future of the construction industry and benefit the customers, employees and shareholders.

CEO of MBCC Group, Jochen Fabritius, said that Sika Group is a perfect partner for the company, having a profitable growth strategy and strong acquisition record. Both companies are looking forward to exploring more business opportunities.

Image Source

Sika Group has signed an agreement to acquire MBCC Group from Lone Star Funds for nearly $6 billion. This acquisition will increase its product and solution offerings in four of its five crore technologies and seven of eight Sika Target Markets and also strengthen the company's geographic footprint. MBCC Group is active in construction and admixture systems. The company has around 7,500 employees, with operations across 60 countries and over 130 production facilities. It had expected to generate around $3.1 billion in 2021. The company has a product portfolio of global and local brands. It participates in all construction phases, and the company is a key contributor to the decarbonisation of the construction industry. Thomas Hasler, CEO of Sika Group, told the media that the company is the first in class for sustainable solutions across the construction sector and sets sustainability standards at the core of MBCC Group. He said that their partnership would provide the entire offerings to the construction industry. Having a combined portfolio, the companies will accelerate the future of the construction industry and benefit the customers, employees and shareholders. CEO of MBCC Group, Jochen Fabritius, said that Sika Group is a perfect partner for the company, having a profitable growth strategy and strong acquisition record. Both companies are looking forward to exploring more business opportunities. Image Source

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?