Cinven to acquire Admixtures business of MBCC from Sika.

Cinven, a private equity firm, agreed to acquire Admixtures business of MBCC, a chemicals manufacturer, from Sika, a specialty chemical company. Financial terms were not disclosed. “Cinven is delighted to make this investment in MBCC Admixtures, a business we have long admired and whose progress we have followed closely. MBCC brings together a number of attractive qualities – it is a global leader in its sector, has great potential for further growth and innovation, and plays a key role in helping cement and concrete producers to reduce carbon emissions. We are very much looking forward to helping the business to realise its full potential through a long-term growth strategy," Pontus Pettersson, Cinven Partner.