Musat & Asociatii, working with Baker McKenzie, has advised Sika on Romanian aspects of its EUR 5.2 billion acquisition of Master Builders Construction Chemicals from Lone Star Funds.
Closing is expected by the end of 2022, pending regulatory approval.
Sika AG is a Swiss construction chemicals group. Lone Star Funds is a US-based private equity firm focusing on distressed assets.
According to Musat & Asociatii, “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 & Asociatii’s team included Partner Monia Dobrescu, Managing Associates Madalina Trifan, Dragos Lungu, Simona Anton, and Ana Maria Abrudan, and Senior Associate Cristian Cepesi.
Musat & Asociatii could not disclose additional information on the deal.
