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Griffon Corporation to Sell AMES Australasia Business to Joint Venture

PUBLIC · GFFAug 04, 2026•5 days ago

Acquiring Company

Griffon Corporation

Acquired Company

AMES Australasia

New York

Description

Griffon Corporation has entered into a Share Sale Agreement to sell its AMES Australasia business to a joint venture formed with an investment group led by AMES management. The transaction is set to close on July 31, 2026. This move is part of Griffon's strategy to streamline its operations and focus on core business areas.

Company Information

Company

Griffon Corporation

About

Griffon Corporation is a diversified management and holding company that conducts business through wholly-owned subsidiaries. Griffon oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. Griffon provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as divestitures. In order to further diversify, Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital. Griffon conducts its operations through two reportable segments: Classified as a discontinued operation, Defense Electronics conducts its operations through Telephonics Corporation (“Telephonics”), founded in 1933, a globally recognized leading provider of highly sophisticated intelligence, surveillance and communications solutions for defense, aerospace and commercial customers. For more information on Griffon and its operating subsidiaries, please see the Company’s website at www.griffon.com.

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Frequently asked

Who acquired AMES Australasia?

AMES Australasia was acquired by Griffon Corporation. The deal was reported on August 4, 2026. Griffon Corporation is a diversified management and holding company that conducts business through wholly-owned subsidiaries. Griffon Corporation is publicly traded (GFF).

When did Griffon Corporation acquire AMES Australasia?

Griffon Corporation's acquisition of AMES Australasia was reported on August 4, 2026. Griffon Corporation has entered into a Share Sale Agreement to sell its AMES Australasia business to a joint venture formed with an investment group led by AMES management. The transaction is set to close on July 31, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does AMES Australasia do?

AMES Australasia is a subsidiary of Griffon Corporation, which conducts diversified business through wholly-owned subsidiaries. It is privately held, and is based in New York.