By: ICN Bureau
Last updated : March 16, 2021 5:09 am
With the acquisition, MBCC Group will enlarge its portfolio in acrylates and polyurethane.
MBCC Group, one of the leading suppliers of construction chemicals and solutions worldwide, and TPH Bausysteme (TPH), signed a purchase agreement for the acquisition of TPH by MBCC Group.
With the acquisition, MBCC Group will enlarge its portfolio in acrylates and polyurethanes for ground consolidation and waterproofing solutions within its underground construction business.
TPH is a Germany-based global supplier of products and systems for injection technology, joint sealing and bonding, concrete renovation and surface protection, as well as systems for tunnel construction and civil engineering. The company offers its innovative products and solutions to customers in approximately 50 countries. Operations are comprised of the headquarters and production facility in Norderstedt, Germany, as well as warehouses and sales offices in Europe and Asia.
“TPH’s business fits very well with our portfolio, complementing our investments in the construction materials industry especially in the field of Underground Construction Solutions,” said Dr. Jochen Fabritius, CEO of MBCC Group. “We highly value the industry-wide recognized knowledge and customer focus of TPH’s experts, backed by a strong track record in innovative products and a compelling R&D pipeline. We look forward to embarking on a growth path together.”
Dr. Sven Asmus, Chief Technology Officer of MBCC Group, added: “TPH is very skilled and specialized in the production of acrylates and polyurethanes for ground consolidation and waterproofing solutions for the tunneling industry in particular. They are a very well-known company for outstanding application know-how. This will be a perfect fit for our R&D activities in our global Underground Construction Solutions business.”
Goetz Tintelnot, CEO of TPH Bausysteme, said: “With this step, we will be able to significantly expand TPH's capabilities within the MBCC Group in engineered consolidation grouting and waterproofing of concrete structures. We are very much looking forward to working with our colleagues in over 60 countries. Together we will be able to achieve a lot in the future.”