Griffon Corporation Announces Clopay Building Products to Acquire CornellCookson
Griffon Corporation (GFF)
Last griffon corporation earnings: 4/28 04:05 pm
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US:NYSE Investor Relations:
ir.griffon.com/investor-overview
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) announced that its subsidiary, Clopay Building Products Company, Inc. (“Clopay”) has entered into a definitive agreement to acquire CornellCookson, Inc. (“CornellCookson”), a leading US manufacturer and marketer of rolling steel door and grille products designed for commercial, industrial, institutional, and retail use, for $180 million. After taking into account tax benefits resulting from the transaction, the effective purchase price is approximately $170 million. “CornellCookson is a highly strategic addition to Griffon’s Home and Building Products segment, complementing Clopay’s existing portfolio of residential and commercial sectional doors with leading brands and products,” said Ronald J. Kramer, Griffon’s Chairman and CEO. “This acquisition will expand our existing footprint in the commercial channel, and stre
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GFF
News
- Griffon Co. (NYSE: GFF) had its price target raised by analysts at Robert W. Baird from $82.00 to $84.00. They now have an "outperform" rating on the stock.MarketBeat
- Griffon (GFF) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
- Access Garage Doors Expands With New Idaho Franchise [Yahoo! Finance]Yahoo! Finance
- Griffon (GFF) Exceeds Market Returns: Some Facts to Consider [Yahoo! Finance]Yahoo! Finance
- Wall Street Bulls Look Optimistic About Griffon (GFF): Should You Buy? [Yahoo! Finance]Yahoo! Finance
GFF
Earnings
- 2/7/24 - Beat
GFF
Sec Filings
- 3/25/24 - Form 8-K
- 3/22/24 - Form 4
- 3/22/24 - Form 4
- GFF's page on the SEC website