Simpson Mfg. Buys European Companies

Jason Sandefur

Simpson Manufacturing Co. Inc. acquired certain assets of Liebig International Ltd., an Irish company; Heinrich Liebig Stahldubelwerke GmbH, Liebig GmbH & Co. KG and Liebig International Verwaltungs-gesellschaft mbH, all German companies; Liebig Bolts Limited, an English company; and Liebig International Inc., a U.S. company.
Liebig manufactures mechanical anchor products in Ireland and distributes them primarily throughout Europe through warehouses located in Germany and in the United Kingdom. The purchase price (subject to post-closing adjustment) was $18.3 million.
Headquartered in Pleasanton, CA, Simpson Manufacturing’s holdings include subsidiary Simpson Strong-Tie Company Inc., which designs, engineers and is a leading manufacturer of wood-to-wood, wood-to-concrete and wood-to-masonry connectors and construction fastening systems, stainless steel fasteners and pre-fabricated shearwalls. Web: simpsonmfg.com \ �2008 FastenerNews.com