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0.00141376060320458 0.00141376060320458 -0.000942507068802996 -0.0197926484448633 -0.0117813383600375 -0.0129594721960414 -0.0136663524976437 -0.0103675777568331
Stock impact report

Griffon Corporation Announces the Acquisition of Apta by AMES

Griffon Corporation (GFF) 
Last griffon corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.griffon.com/investor-overview
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) announced that its subsidiary, The AMES Companies, Inc., (“AMES”) acquired Vatre Group Limited (“Apta”), a leading United Kingdom supplier of innovative garden pottery and associated products sold to leading UK and Ireland garden centers. This acquisition enhances our ongoing AMES UK expansion strategy.The purchase price for Apta is approximately $10 million and is expected to contribute approximately $15 million in annualized revenue and be accretive to Griffon’s earnings in the fiscal year ending September 30, 2020.Forward-looking Statements“Safe Harbor” Statements under the Private Securities Litigation Reform Act of 1995: All statements related to, among other things, income (loss), earnings, cash flows, revenue, changes in operations, operating improvements, industries in which Griffon operates and the United States and global economies that are not historical are hereby identified as “forw Show less Read more
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