The AMES Companies (Griffon) Acquires Pope from The Toro Company

July 1, 2024

Griffon Corporation’s subsidiary The AMES Companies, Inc. has acquired Pope, an Australia-based provider of residential watering products, from The Toro Company. The acquisition expands AMES’s Australian product portfolio; Pope is expected to contribute about $25 million in annualized revenue and be accretive to Griffon’s earnings in the first full year of ownership. Financial terms were not disclosed.

Buyers
The AMES Companies, Inc., Griffon Corporation
Targets
Pope
Sellers
The Toro Company
Location
Australia
Transaction Type
Buyout

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