Simpson Manufacturing Co, a leader in engineered structural connectors and building solutions, announced the completion of its acquisition of the ETANCO Group on 7 April. ETANCO is a leading designer and manufacturer of fixing and fastening solutions for the European building construction market.
"ETANCO is a successful and profitable company with a 70-year history and a well-established brand and market position," said Karen Colonias, CEO of Simpson Manufacturing Co. "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."
Ronan Lebraut, President of ETANCO Group, added: "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,"
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 ir.simpsonmfg.com as well as the Current Report on Form 8-K filed with the SEC today, April 7, 2022.
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 fibre materials. The Company's common stock trades on the New York Stock Exchange under the symbol "SSD."
