Simpson Manufacturing Co., Inc. Announces the Acquisition of S&P Clever Reinforcement Company | PRNewswire | #fasteners

Article by · 2011/11/01 ·

PLEASANTON, Calif., Oct. 31, 2011 /PRNewswire/ — Simpson Manufacturing Co., Inc. (the “Company”) (NYSE: SSD) announced today that it entered into an agreement to purchase all of the shares of S&P Clever Reinforcement Company AG and S&P Reinforcement International AG (collectively “S&P Clever”), both companies incorporated under the laws of Switzerland, for 54 million Swiss Francs (equivalent, at the exchange rate on October 26, 2011, to $61.4 million), […]

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