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Musat & Asociatii advised Switzerland’s construction chemicals group Sika AG on all Romanian legal aspects of its EUR 5.2 billion acquisition of MBCC Group (Master Builders Construction Chemicals) from Lone Star Funds, a global private equity firm. The acquisition is subject to regulatory clearances and is expected to close by the end of 2022.
With subsidiaries in 100 countries and 25.000 employees, Sika is a leading specialty chemicals company in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry.
The former BASF Construction Chemicals division, MBCC Group is a global supplier of construction chemicals, operating more than 150 plants in over 60 countries.
Musat team was led by Monia Dobrescu (Partner) and formed of a number of skilled associates, among which: Madalina Trifan (Managing Associate), Dragos Lungu (Managing Associate), Simona Anton (Managing Associate), Ana Maria Abrudan (Managing Associate) and Cristian Cepesi (Senior Associate).
“We are delighted to be part of the team who advised Sika for this acquisition, a project in which we worked closely with our colleagues from Baker & McKenzie. Happy to see that we managed to achieve a successful result in a rather challenging timescale for all the parties”, comments Monia Dobrescu, Partner.
