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New Deal


Announced

Cinven to acquire Admixtures business of MBCC from Sika.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

Acquisition

Private Equity

Germany

Chemicals: Diversified

chemical preparations

admixture assets

Cross Border

Majority

Private

Pending

Synopsis

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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.

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