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Stock impact report

Griffon Corporation Announces the Acquisition of Kelkay Limited (UK) 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 Kelkay Limited (“Kelkay”), a United Kingdom manufacturer and distributor of decorative outdoor landscaping products sold to leading garden centers, retailers and grocers in the UK and Ireland. The purchase price for Kelkay is approximately $56 million, and is expected to contribute approximately $40 million in annualized revenue and be immediately accretive to Griffon’s earnings in its first full year of operations. 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 an Show less Read more
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