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In 2017, Griffon acquired the ClosetMaid home storage business from Emerson for an effective purchase price of $165 million. Griffon announced the combination of ClosetMaid with Ames True Tempur in March 2018. [53] In November 2017, Griffon announced the sale of its Clopay Plastics business to Berry Global for $475 million.
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In 2017, Kramer repositioned Griffon's Portfolio by selling its Clopay Plastics business and acquiring ClosetMaid a home storage and organization business. In addition, Griffon executed a number of smaller tuck-in acquisitions for Griffon's subsidiary, The AMES Companies, which expanded the company's geographic footprint in Australia and the ...
The Hoosier cabinet expands on the baker's cabinet by offering a pull-out workspace/shelf and storage for everything a cook would need. [10] The base section usually has one large compartment with the slide-out shelf covered in metal that offers more workspace, and several drawers to one side.
In another version, the airing cupboard serves as a temporary drying space, either for laundry or for wet outdoor clothes and shoes. Its shelves can be used to fully remove traces of damp from dried clothing before the items are put away elsewhere in drawers and wardrobes. A moveable electrical version of this is a drying cabinet.
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