Sika AG, MBCC Group
The Commission has granted clearance for Sika AG to acquire the MBCC Group. The clearance is subject to an undertaking from Sika AG to divest the entire MBCC business in New Zealand to a purchaser approved by the Commission.
Case Details
Parties
Sika AG, MBCC Group
Category
Merger application
Sub-category
Clearance
Act/Section
Commerce Act 1986 66
Industry
Construction
Status
Closed
Outcome
Merger cleared
Case Number
[2023] NZCC 5
Date opened
18 January 2022
Date closed
03 April 2023
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