US: Bloomberg has named Germany-based HeidelbergCement, Switzerland-based Holcim and Turkey-based Sabancı Holding as possible bidders for some of Sika’s US admixtures assets. Sika is seeking to divest the assets in order to obtain competition authorities’ approval for its US$6bn acquisition of Germany-based construction chemicals company MBCC from Lone Star Funds.
HeidelbergCement, Holcim and Sabancı Holding are potential buyers for Sika’s US assets
Written by Global Cement staff
Published in
Global Cement News
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
URL: https://globalcement.com/news/item/14137-heidelbergcement-holcim-and-sabanc-holding-are-potential-buyers-for-sika-s-us-assets
© 2024 Pro Global Media Ltd. All rights reserved.