Simpson Manufacturing Co., Inc. Announces Binding Offer To Acquire Etanco Group
Acquiring Company
Simpson Manufacturing
Acquired Company
ETANCO GROUP
PleasantonManufacturingConstructionBuilding MaterialDescription
Submits binding offer to acquire leading European building product solutions company, for purchase price of €725 million (approximately $818 million(1)) Expands market position, geographical reach and portfolio of building solutions in Europe Provides entry into new commercial building markets Expected to be accretive to earnings within first full fiscal year after closing
Quick answer
Simpson Manufacturing is acquiring ETANCO GROUP, announced December 29, 2021. Simpson Manufacturing is based in Pleasanton, California, United States.
- How much did Simpson Manufacturing pay for ETANCO GROUP?
- The deal value was not disclosed.
- What does Simpson Manufacturing do?
- Simpson Manufacturing Co., Inc. operates in the building materials industry, primarily focusing on the manufacture and distribution of structural connectors and fasteners.
- Where are Simpson Manufacturing and ETANCO GROUP based?
- Simpson Manufacturing is based in Pleasanton, California, United States.
Source: Fundz verified event record.
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Who to call at Simpson Manufacturing, and when
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Frequently asked
Who acquired ETANCO GROUP?
ETANCO GROUP was acquired by Simpson Manufacturing, based in Pleasanton. The deal was reported on December 29, 2021. Simpson Manufacturing Co., Inc. operates in the building materials industry, primarily focusing on the manufacture and distribution of structural connectors and fasteners. Simpson Manufacturing is publicly traded (SSD) and operates in Manufacturing.
When did Simpson Manufacturing acquire ETANCO GROUP?
Simpson Manufacturing's acquisition of ETANCO GROUP was reported on December 29, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ETANCO GROUP do?
Since 1952, ETANCO Group is serving the building envelope market with fixing and fastening solutions for waterproofing, roofing, cladding and facade. It is privately held.
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