Master Builders brand, Construction Chemicals frame new owner to the letter

BASF Group has completed the long-planned sale of its Construction Chemicals business, including Admixture Systems, to MBCC Group, a Mannheim, Germany entity backed by private equity investor Lone Star Funds. The BASF Construction Chemicals office and lab in Beachwood, Ohio, will serve as an MBCC Americas region headquarters.

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BASF completes Master Builders brand, Construction Chemicals spinoff

Sources: MBCC Group, Mannheim, Germany; CP staff BASF Group closed the third quarter with the long-planned sale of its Construction Chemicals business, including Admixture Systems, to MBCC Group, a German peer backed by private equity investor Lone Star Funds. The former BASF Construction Chemicals office and lab in Beachwood, Ohio, will serve as an MBCC regional headquarters for the Americas. 

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