Simpson Manufacturing Co. Announces Binding Offer to Acquire Etanco Group

January 10, 2022

Willkie represents Etanco and Intermediate Capital Group in the transaction.

On December 29, Simpson Manufacturing Co., Inc., an industry leader in engineered structural connectors and building solutions, announced that it submitted a binding offer with exclusivity to acquire the Etanco Group for €725 million (approximately $818 million), from affiliates of Intermediate Capital Group plc.

Willlkie is advising Etanco and its principal shareholders, affiliates of Intermediate Capital Group, in the deal. The firm previously advised Intermediate Capital Group in the 2018 acquisition of Etanco.

Etanco is a leading designer, manufacturer and distributor of fixing and fastening solutions for the building construction market throughout Europe, which includes innovative fasteners, connectors, anchors and safety solutions for roofing, cladding, façade, waterproofing and solar applications.

Intermediate Capital Group is a global alternative asset manager with approximately $65 billion of assets under management.

The Willkie team is led by partner Eduardo Fernandez and includes special European counsel Philippe Grudé, partners Paul Lombard and Faustine Viala, and associate Marie Aubard.