Does BASF own Master Builders Solutions?

Does BASF own Master Builders Solutions?

BASF’s Construction Chemicals division offers advanced chemical solutions under the global umbrella brand Master Builders Solutions for the construction, maintenance, repair and renovation of structures. The brand is built on more than 100 years of experience in the construction industry.

What does master Builders solutions do?

Master Builders Solutions is the global brand of advanced chemical solutions for construction. Our comprehensive construction chemicals portfolio includes concrete admixtures, waterproofing solutions, concrete repair and protection solutions, performance grouts and performance flooring solutions.

Who bought Master Builders?

BASF Group closed the third quarter with the long-planned sale of its Construction Chemicals business, including Admixture Systems, to MBCC Group, a German peer backed by private equity investor Lone Star Funds.

How old are the master builders?

MASTER BUILDERS, a supplier of cement additives to the construction industry and a leader in cement technology, was founded in 1909 by Sylvester W. Flesheim, with a factory at 6511 Morgan Ave.

Why is an architect referred to as a master builder?

The term ‘master builder’ has been in use since the early 17th century but the profession itself has existed since humans started to build shelters. Master builders would have the knowledge and/or skills of an architect, structural engineer, carpenter, roofer and other trades needed to construct a building.

Did BASF sell construction chemicals?

On September 30, 2020, effective at midnight, BASF closed the divestiture of its Construction Chemicals business to an affiliate of Lone Star, a global private equity firm.

Is BASF publicly traded?

BASF is listed on the Frankfurt Stock Exchange, London Stock Exchange, and Zurich Stock Exchange. The company delisted its ADR from the New York Stock Exchange in September 2007. The company is a component of the Euro Stoxx 50 stock market index.

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