GFF · Categories · M&A
GFF - Mergers and acquisitions
Griffon Corporation (GFF) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for GFF
- Griffon Corporation Announces the Acquisition of Pope by AMES AustralasiaGriffon Corporation (NYSE:GFF) (the "Company" or "Griffon") announced that its subsidiary, The AMES Companies, Inc., ("AMES") acquired Pope, a leading Australian provider of residential watering products, from The Toro Company (NYSE:TTC). This is AMES's seventh acquisition in Australia since 2013, and further expands AMES's product portfolio in the Australian market. Pope is expected to contribute approximately $25 million in annualized revenue and be accretive to Griffon's earnings in the first full year of ownership. Financial terms of the transaction were not disclosed. About Griffon Corporation Griffon is a diversified management and holding company that conducts business through whol
- The Toro Company Announces the Sale of its Australia-Based Residential Pope Products BusinessReinforces focus on strategic priorities that provide the greatest profitable growth opportunities The Toro Company (NYSE:TTC), through its wholly-owned subsidiaries Toro Australia Pty Ltd and Toro Australia Group Sales Pty Ltd based in South Australia (collectively "Toro Australia"), today announced the sale of its Pope Products residential garden watering and irrigation business to The AMES Company, Inc., a subsidiary of Griffon Corporation (NYSE:GFF). Pope irrigation and garden watering products are sold exclusively in Australia and New Zealand. This transaction represents The Toro Company's commitment to disciplined portfolio management and prudent capital allocation strategies. The
- Griffon Corporation Announces the Acquisition of Quatro by AMESNEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) announced that its subsidiary, The AMES Companies, Inc., (“AMES”) acquired Quatro Design Pty Ltd (“Quatro”), a leading Australian manufacturer and supplier of glass fiber reinforced concrete landscaping products for residential, commercial, and public sector projects. This acquisition is the sixth for AMES in Australia since 2013, and further expands AMES’s product portfolio and sales channels in the Australian market. Quatro is expected to contribute approximately $5 million in annualized revenue and be accretive to Griffon’s earnings in the fiscal year ending September 30, 2021. Financial terms
- QuantiTech Acquires Systems Engineering GroupHUNTSVILLE, Ala., Jan. 4, 2021 /PRNewswire/ -- QuantiTech LLC ("QuantiTech"), a portfolio company of Sagewind Capital LLC ("Sagewind"), announced today that it has acquired Systems Engineering Group, Inc. ("SEG" or the "Company") from Griffon Corporation (NYSE: GFF). Financial terms of the transaction were not announced. Headquartered in Columbia, Maryland, SEG is a leading provider of threat engineering and modeling and simulation services to the U.S. Government, primarily supporting the Naval Surface Warfare Center, Missile Defense Agency, and Office of Naval Intelligence. SEG provides advanced, physics-based threat modeling, engineering, and analytics services in support of U.S. Govern