The UK Competition Authority considers structural remedies for the proposed merger between two chemical admixture companies (Sika / MBCC)
CMA considers remedy to address concerns in chemical admixtures merger
Sika AG and MBCC Group have asked the CMA to consider a “fast-track” remedy to address concerns that their merger could harm the construction industry in the UK.
In November 2021, Swiss firm Sika agreed to buy the German based MBCC Group in a £4.5 billion deal. Sika and MBCC are the 2 largest UK suppliers of chemical admixtures, which are an essential input for products like concrete and cement used in the construction industry and control various characteristics of concrete, such as its strength or setting
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