Latest News - Corporate Happenings

BASF Construction Chemicals Business Is Now MBCC Group

November 2020

Latest News - Corporate Happenings

BASF Construction Chemicals Business Is Now MBCC Group

November 2020

MBCC Group has emerged from the former BASF Construction Chemicals business after its acquisition by Lone Star Funds and will start operations as of October 1, 2020. The transaction between BASF and Lone Star was closed on September 30, 2020, effective at midnight. Lone Star is now the new owner of the business. MBCC Group has been carved-out from BASF Group over the past 18 months and has been built as a standalone organization. 

MBCC Group is one of the leading suppliers of construction chemicals and solutions worldwide and offers innovative and sustainable products and solutions for the construction industry across different sectors, such as buildings, structures, underground construction, new construction, as well as renovation. MBCC Group is amongst the globally leading suppliers of Admixture Systems and amongst leading players in the highly fragmented Construction Systems market.

MBCC Group serves more than 30,000 customers and business partners around the globe. It is consisting of approximately 70 legal entities worldwide and is home to around 7,500 employees and construction experts in over 60 countries. The global and European headquarters are in Mannheim, Germany, with regional headquarters in Beachwood, Ohio, USA (Americas), Dubai, UAE, (Middle East-Russia-Africa), and Singapore (Asia Pacific).

MBCC Group’s strong main brands Master Builders Solutions®, PCI®, Thermotek®, Wolman®, Colorbiotics® and Watson Bowman Acme® are well established in the markets and are backed by more than 100 years of industry heritage and experience. The new owner has confirmed Dr. Jochen Fabritius as the new Chief Executive Officer (CEO) of MBCC Group. Fabritius is a civil engineer by training, having spent almost his entire career in the construction sector. He is a highly experienced expert of the construction industry.

In the past years he has been working for Xella, which he joined in 2014, first in the capacity of Chief Operating Officer and then, from 2017 onwards, as CEO. Prior to that, he worked for 15 years at the consulting firm McKinsey & Company. He said: “I am very happy to join MBCC Group working closely together with a strong global management team to realize MBCC Group’s full potential.

At this point in time let me take the opportunity to thank all the employees for their hard work and dedication, through a global pandemic, to successfully execute this carve-out while adhering to an ambitious timeline.” Innovation, being one of the key drivers of the new group of companies, is strongly positioned through a network of global and regional R&D centers. In the global R&D center in Trostberg, Germany, experts work on basic research and new concrete technologies as well as developing new products and processes for construction chemicals and related system solutions.

This center serves the MBCC Group’s innovation chain for admixture systems, underground construction and resins and manages the entire patent portfolio as well as global technology projects. MBCC Group operates regional development centers in North America, Europe, Asia Pacific and the region Middle East-Russia-Africa.