The parent of New Jersey-based Sika Corp. has consummated two transactions on its European home turf, both continuing a global concrete admixtures business transformation that began with 2021-22 Saint-Gobain Group deals for Chryso Group and GCP Applied Technologies. Sika AG of Baar, Switzerland acquired MBCC Group of Mannheim, Germany, then sold the Master Builders Solutions brand and MBCC assets in…
Read MoreTag: BASF Construction Chemicals
MANUFACTURERS – JANUARY 2020
Germany’s BASF SE projects a third quarter 2020 closing on the $3.5 billion sale of its Construction Chemicals unit to an affiliate of Lone Star, a global private equity firm with offices in Frankfurt and New York. A subject of speculation since a late-2018 BASF announcement of plans to shop the business, the transaction will include Master Builders concrete admixture and sister brands deeply rooted in construction, maintenance and retrofit. With more than 7,000 employees, the BASF Construction Chemicals business operates production sites and sales offices in more than 60 countries and generated sales of about $2.8 billion in 2018.
Read MoreMANUFACTURERS – DECEMBER 2019
St. Louis-based Afinitas has promoted Matt Childs to vice president of Sales, Americas for the HawkeyePedershaab-BFS equipment and automation sales organization. He joined the company in 2017 as vice president of Sales, North America.
Read MoreBASF Construction Chemicals business suits private equity fund
Sources: BASF SE, Ludwigshafen, Germany; Lone Star Global Acquisitions, LLC, New York; CP staff
BASF projects a third quarter 2020 closing on the $3.5 billion sale of its Construction Chemicals unit to an affiliate of Lone Star, a global private equity firm with offices in Frankfurt, Germany and New York. A subject of speculation since a late-2018 BASF announcement of plans to shop the business, the transaction will include Master Builders concrete admixture and sister brands deeply rooted in construction, maintenance and retrofit.
Read MoreMANUFACTURERS – OCTOBER 2019
New Hampshire- based Water Treatment Solutions, Inc. has appointed Della McDonald as director of Sales for Concrete, tasked with driving revenue in the block, precast and ready mixed segment. She will be responsible for sales, sales team development and leadership, plus product enhancements.
Read MoreBASF shrinks fiber packaging 50+ percent, optimizing storage, handling and dispersion
Sources: BASF Construction Chemicals, Cleveland; CP staff
BASF has unveiled advanced packaging for its Master Builders MasterFiber MAC Matrix product, whereby the macrosynthetic fiber is condensed in an aligned format, improving dispersion in concrete mixtures over traditional loose fiber alternatives.
Read MoreBASF charts commercial path for alternative to conventional air entrainment
Sources: BASF Construction Chemicals/Admixture Systems, Cleveland; CP staff
Through a microsphere-based agent manufactured at the batch plant, BASF Admixture Systems is positioning producers and their customers to overcome void size and distribution variability long associated with air-entrained concrete mixes, while improving slabs and structures’ freeze-thaw durability.
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