- In May 2025, BASF announced its intention to acquire DOMO Chemicals’ 49% stake in the Alsachimie joint venture, making it the sole owner of the company. BASF already held a 51% share and plans to finalize the transaction by mid-2025, pending consultations with Alsachimie’s social bodies. This strategic move strengthens BASF’s position in the polyamide 6.6 value chain, particularly at its Chalampé site in France, which is a key hub for producing precursors such as adipic acid and AH salt. The acquisition supports BASF’s long-term growth in sectors such as automotive, textiles, and construction chemicals, including concrete repair mortars
- In January 2025, Laticrete acquired a majority stake in Fuma-Bautec, a leading German manufacturer of technical profiles, marking a strategic expansion of its global capabilities. This move builds on their existing partnership—Fuma-Bautec had been Laticrete’s exclusive profile supplier in the U.S. and Canada since April 2023. The acquisition enhances Laticrete’s ability to deliver aluminum and stainless-steel profiles with precision, complementing its tile and stone installation systems. It also strengthens Laticrete’s position in engineered systems, which could influence its offerings in concrete repair and construction solutions
- In August 2024, Sika significantly expanded production capacity at its Bekasi plant, the company’s largest manufacturing facility in Indonesia. This strategic move was driven by the country’s booming construction sector and its position as one of the top five tile markets globally. The upgraded plant—originally opened in 2019—now features state-of-the-art production lines and enhanced storage capacity, enabling Sika to meet rising demand for tile adhesives, grouts, and facade systems. The facility also serves as a key distribution hub, supporting infrastructure, residential, and commercial projects across the region
- In August 2024, Saint-Gobain acquired a 60% stake in Fosroc, a prominent construction chemicals company with a strong presence across India, the Middle East, and the Asia-Pacific region. This strategic acquisition is part of Saint-Gobain’s broader effort to strengthen its leadership in light and sustainable construction, particularly in high-growth markets. Fosroc, known for its expertise in concrete repair mortars and other specialty construction solutions, is expected to generate approximately USD 487 million in revenue in 2024, maintaining a robust annual growth rate of around 11% since 2021
- In May 2023, Sika AG completed its largest acquisition in company history by acquiring the MBCC Group, formerly the construction chemicals division of BASF. This strategic move—finalized after receiving all necessary regulatory approvals—significantly expanded Sika’s global footprint and enhanced its offerings across the entire construction life cycle, including concrete repair, admixtures, and sustainable building solutions. The acquisition added CHF 2.1 billion in annual sales and brought 6,200 employees into the Sika family, operating across 60+ countries. It also reinforced Sika’s commitment to innovation and sustainability in the construction industry
