MBCC Group, one of the leading suppliers of construction chemicals and solutions worldwide, signed a purchase agreement to acquire Bluey Technologies Pty Ltd (Bluey Technologies). The transaction was closed simultaneously with the signing. The acquisition will enhance MBCC Group’s portfolio of construction chemicals and services for the infrastructure market, whereas Bluey Technologies’ customers will benefit from the broad portfolio under the Master Builders Solutions® brand.
Based in Sydney, Australia, Bluey Technologies provides design and engineering services as well as highly specified products to the civil construction industry across Australia, New Zealand, South East Asia and Europe. The company’s extensive range of products includes engineered, high-performance cements, waterproofing products and ground improvement solutions used in critical applications for transport and civil infrastructure projects. Bluey Technologies was awarded the “Most Innovative Company” by The Australian Financial Review in 2020.
“Bluey Technologies has a strong reputation as a valuable and reliable partner in the civil construction and engineering industries providing a strong local presence, support and innovative products,” said Dr. Jochen Fabritius, CEO of MBCC Group. “We are delighted that with Bluey we will enhance our innovative portfolio and know-how to further support our clients in solutions for infrastructure, which is a key growth area for MBCC Group.”
Daniel Bosco, founder and Managing Director of Bluey Technologies, said: “We are excited to become part of MBCC Group. With our expertise at Bluey Technologies and Master Builders Solutions’ strong presence in the region, we will be able to support our customers with an even broader portfolio of products and services. This is a great platform for us to take the Bluey customer and full-service approach forward to the next level.”
“Master Builders Solutions is committed to innovation and customer focus, so award-winning Bluey Technologies is a perfect match for us,” Dr. Hicham Abel, President Africa, Middle East, Asia Pacific of MBCC Group explained. “We look forward to further developing the growth opportunities in the infrastructure markets and this agreement shows our strong commitment to continue to invest and improve our business across the region.”
With around 7,500 employees, MBCC Group operates sites and sales offices in over 60 countries.