# Simpson Manufacturing to acquire Etanco Group for €725M

Simpson Manufacturing Co., Inc. submitted a binding offer to acquire Etanco Group, a European building product solutions company, for €725 million (approximately $818 million). The acquisition is expected to close near the end of Q1 2022.

- Type: Acquisition
- Announced: 2021-12-29
- Where: France
- Value: $818.0M (725.0M EUR)
- Status: announced
- Products: fixing and fastening solutions, connectors, anchors, safety solutions
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Simpson Manufacturing Co., Inc.](https://endata.com/companies/59972.md) (acquirer)
- [Etanco Group](https://endata.com/companies/59973.md) (target)

## Sources

- [ir.simpsonmfg.com](https://ir.simpsonmfg.com/news/news-details/2021/SIMPSON-MANUFACTURING-CO.-INC.-ANNOUNCES-BINDING-OFFER-TO-ACQUIRE-ETANCO-GROUP/default.aspx), 2021-12-29: "Simpson Manufacturing Co., Inc. announced today that it has submitted a binding offer with exclusivity to acquire the Etanco Group for €725 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.