SFS strengthens market position in Spain and Portugal in the building envelope area
May 07, 2024 at 12:23 am EDT
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SFS Group Schweiz AG
/ Key word(s): Acquisition
SFS strengthens market position in Spain and Portugal in the building envelope area
07.05.2024 / 06:21 CET/CEST
The SFS Group has acquired Etanco S.A.U., a Spanish distributor of fasteners, fixings, and accessories to the building envelope, effective May 1, 2024. The acquisition of Etanco will strengthen the market position of the Construction division of SFS in Spain and Portugal. With about ten dedicated employees, Etanco generated sales of approximately EUR 4 million in 2023.
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Mit freundlichen Grüssen
Best regards
Benjamin Sieber
Valentina Dönz
Corporate Communications
SFS Group AG
Rosenbergsaustrasse 8, CH-9435 Heerbrugg
T +41 71 727 62 48 corporate.communications@sfs.com sfs.com
SFS Group AG, formerly SFS Holding AG, is a Switzerland-based company that develops and manufactures mechanical fastening systems and precision formed components. The Company serves the automotive, construction, construction supply, electrical, electronics, aerospace and medical components industries. It consists of three operating segments which represent the three business models: Engineered Components, which are customer-specific products under the SFS intec and Unisteel brands; Fastening Systems, which are application-specific products under the SFS intec and GESIPA brand, and Distribution and Logistics, which are market-oriented product ranges and logistics solutions under the SFS unimarket brand throughout Switzerland. Its subsidiaries include, among others, Ncase Limited, a supplier of subframes for rainscreen cladding, as well as developer and manufacturer of disposable products made of metal and plastic for medical device original equipment manufacturers (OEMs).
SFS GROUP AG 
