News & Announcements

Weil Advises on the €5.2B Sale of MBCC Group to Sika

Weil is advising an affiliate of Lone Star Funds on the €5.2 billion sale of MBCC Group, the former BASF Construction Chemicals business headquartered in Mannheim, Germany, to Sika, an international specialty chemicals company headquartered in Switzerland. 

The MBCC Group is active in the field of construction systems and admixture systems, and employs approximately 7,500 people and has operations in more than 60 countries with more than 130 production facilities. 

Sika is active in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and motor vehicle industry. Sika employees 25,000 people and has a presence in 101 countries around the world.

The Weil team is being led in London by partners Michael Francies and Max Oppenheimer supported by Private Equity associates James EveleghBonian Wu and Oliver Cross. Antitrust advice is being provided by partner Niklas Maydell with counsel Neil Rigby and associate Lucy Peckham. Tax advice is being provided by partner Jenny Doak and associate Oliver Rosshandler. IP/IT advice is being provided by partner Barry Fishley. The Weil team also includes partner Brianne Kucerik and counsel Rob Meyer in Washington, D.C., and associate Khatera Zuschlag in Frankfurt.

The acquisition is subject to usual regulatory approvals and clearances.