Simpson Strong-Tie acquires ETANCO Group

Simpson Strong-Tie has completed the acquisition of ETANCO Group, a designer and manufacturer of fixing and fastening solutions for the European building construction market.

The financial terms of the acquisition were not disclosed.

According to Simpson Strong-Tie CEO Karen Colonias, ENTANCO is a “highly successful and profitable company” with a 70-year history and well-established brand and market position.

“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,” Colonias said.

Simpson Strong-Tie, based in Pleasanton, Calif., said the acquisition will allow for an increased product portfolio and an expanded presence in existing European markets.

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

There will be no changes to the ETANCO Group or Simpson Strong-Tie Europe business, product lines, production, brands, or employees in the near term, the companies announced.

The management teams from Simpson Strong-Tie and ETANCO Group are working together to formulate a joint strategy for the future and will ensure a seamless operation for customers, Simpson Strong-Tie said.

“Our goal is to combine the companies in a way that takes advantage of our respective strengths in the marketplace and in service of our customers,” said Michael Andersen, vice president of European Operations for Simpson Strong-Tie. “Both ETANCO Group and Simpson Strong-Tie customers can expect the same level of high-quality products and service as they have received in the past.”