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Griffon To Sell AMES Australasia Through JV With AMES

M&A & RestructuringManagement & GovernanceCompany Fundamentals

Griffon Corp. agreed to sell its AMES Australasia business to an investment group led by AMES Australasia management, with support from Australian financial investors. The transaction is a portfolio reshaping move that may streamline Griffon's business mix and unlock value. Details on valuation and closing timing were not provided in the article.

Analysis

Griffon Corp. agreed to sell its AMES Australasia business to an investment group led by AMES Australasia management, with support from Australian financial investors. The transaction is a portfolio reshaping move that may streamline Griffon's business mix and unlock value. Details on valuation and closing timing were not provided in the article.

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