CMS advises shareholder on sale of PMJ-tec
Simpson Strong-Tie has acquired PMJ-tec, a Swiss roofing and facade fastener manufacturer specializing in A2, A4 and other high grade corrosion resistant stainless steel products.
PMJ-tec, founded in 1975, has its main office and factory in Switzerland and warehouses as well as sales offices in Germany and the Netherlands. Its products, including bi-metal fasteners, carbon steel fasteners and drainage pipe couplers, are engineered with over 45 years of expertise in the construction fastener industry and manufactured in compliance with rigorous internal and external standards.
“PMJ-tec is known not only for its superior quality products, but also for its commitment to the clients and service as well as innovation-oriented culture, all of which makes it a perfect match for Simpson Strong-Tie. This acquisition introduces bi-metal fasteners to our product portfolio, which is of great strategic importance to us”, explains Fabio Di Clemente Fabio Di Clemente, Director EU Strategy at Simpson Strong-Tie.
Simpson Strong-Tie is the world leader in structural solutions-products and technology that help people design and build safer, stronger homes, buildings, and communities.
A team of CMS led by Dr Daniel Jenny and Florian Jung has advised the seller on all legal aspects of this transaction. Christian Birchley, Senior Partner, Chase Lombard LLP successfully facilitated the transaction as M&A adviser for the seller.
CMS Switzerland
- Dr Daniel Jenny, Partner, Corporate/M&A
- Florian Jung, Senior Associate, Corporate/M&A
- Samuel Gang, Senior Associate, Corporate/M&A
- Mark Cagienard, Partner, Tax
CMS Netherlands
- Pieter van Duijvenvoorde, Partner, Corporate/M&A