INEOS to acquire admixture assets of MBCC Group from Sika.

INEOS, a British multinational chemicals company, agreed to acquire admixture assets of MBCC Group, a construction chemicals company, from Sika, a Swiss multinational specialty chemical company. Financial terms were not disclosed. “The agreement with INEOS Enterprises marks a key milestone in Sika’s acquisition of MBCC Group. I am convinced that we have found a long-term home for the MBCC Group’s admixture business. The perfect new owner who will further develop the business together with a talented and driven MBCC Group team. At the same time, Sika has taken a tremendous leap forward on its path to joining forces with MBCC Group. Together we will strengthen our growth platform further,” Thomas Hasler, Sika CEO.