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Simpson Manufacturing Co., Inc. Completes Acquisition of ETANCO Group

General News
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Simpson Manufacturing Co., Inc. (the “Company” or “Simpson”), an industry leader in engineered structural connectors and building solutions, today announced the successful completion of its previously announced acquisition of the ETANCO Group (“ETANCO”), a leading designer and manufacturer of fixing and fastening solutions for the European building construction market, for €725 million (approximately $800 million(1)), net of cash. For the 12 months ending September 30, 2021, ETANCO’s net sales and operating income margin were approximately €258 million(2) (approximately $291 million(2)) and 19.7%(2), respectively.

“ETANCO is a highly successful and profitable company with a 70-year history and well-established brand and market position,” said Karen Colonias, Chief Executive Officer of Simpson Manufacturing Co., Inc. “We believe its extensive and complementary product offering will strengthen our overall product portfolio in Europe, enabling us to deliver even more value to our customers.”

“ETANCO and Simpson have a very similar DNA as we’ve both built our business on high-quality products and unmatched customer service. Collectively, we can expand and optimize our European footprint while introducing new products to our combined customer base,” said Ronan Lebraut, President of ETANCO Group.

“We are excited to welcome ETANCO employees to Simpson and look forward to growing the business together,” added Colonias.

For additional information about the acquisition, please reference the Current Reports on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on December 29, 2021 and January 31, 2022 and the investor presentation and press release issued on December 29, 2021, available on the Company’s website at as well as the Current Report on Form 8-K filed with the SEC today, April 7, 2022.


EC Mergers & Acquisitions and KPMG LLP served as financial advisors to the Company on the ETANCO acquisition. Jones Day served as legal advisor to the Company and Wells Fargo Bank and MUFG Union Bank provided committed debt financing in support of the acquisition.

About Simpson Manufacturing Co., Inc.

Simpson Manufacturing Co., Inc., headquartered in Pleasanton, California, through its subsidiary, Simpson Strong-Tie Company Inc., designs, engineers and is a leading manufacturer of wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and concrete construction products, including adhesives, specialty chemicals, mechanical anchors, powder actuated tools and reinforcing fiber materials. The Company’s common stock trades on the New York Stock Exchange under the symbol “SSD.”

(1) Reflects EUR to USD exchange rate as of March 21, 2022.
(2) For the last 12 months ending September 30, 2021, in accordance with French GAAP. Subject to change following conversion to IFRS or U.S. GAAP accounting standards and reflects EUR to USD exchange rate as of December 22, 2021.


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Source: Simpson Manufacturing Co., Inc.