Griffon Corporation Forms Joint Venture to Sell AMES Australasia
June 8, 2026
Griffon Corporation entered into a definitive agreement to sell its AMES Australasia business to a joint venture it is forming with an investment group led by AMES Australasia management and supported by Australian financial investors. Under the deal, Griffon will receive $185 million at closing plus a $50 million subordinated note and will hold a 49% equity interest in the joint venture post-closing.
- Buyers
- Joint venture formed with an investment group led by management of AMES Australasia with support from Australian financial investors
- Targets
- AMES Australasia
- Sellers
- Griffon Corporation
- Industry
- Industrial Services
- Location
- Victoria, Australia
- Transaction Type
- Divestiture
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