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New Deal


Announced

Completed

Simpson Manufacturing completed the acquisition of Etanco from ICG for $818m.

Financials

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Transaction Value£608m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.8x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Majority

Private

Single Bidder

Acquisition

Building Materials: Other

France

structural building applications solutions

structural building applications systems

marketing

manufacturing

Cross Border

Private Equity

Completed

Synopsis

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Simpson Manufacturing, a provider of engineered structural connectors and building solutions, completed the acquisition of Etanco, a designer, manufacturer and distributor of fixing and fastening solutions, from ICG, a private equity firm, for $818m. "Etanco's business of providing reputable, highly engineered technical solutions with a high focus on customer service, align with Simpson's core business model and values, making Etanco an ideal acquisition to support continued growth in our European business," Karen Colonias, Simpson Manufacturing Co President and CEO.

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