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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.
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 ...
This page was last edited on 1 August 2018, at 16:42 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
2025 Outlook: Griffon expects revenue to match 2024 at $2.6 billion versus the consensus of $2.605 billion; adjusted EBITDA is forecasted to be between $575 million and $600 million.
Central, East Tuesday: The central U.S. system will quickly race toward the East by New Year's Eve. Portions of the Ohio Valley, South and mid-Atlantic will see rain chances on the final day of 2024.
A Florida man is accused of beating another man to death with golf clubs on a course in Palm Beach County. A probable cause affidavit filed by the Palm Beach Gardens Police Department obtained by ...
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