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Griffon closes AMES Australasia joint venture, retains 49% stake - GFF News | Rallies

Griffon closes AMES Australasia joint venture, retains 49% stake

GFF•2026-08-03

AMES Australasia joint venture closes

Griffon closed a joint venture for its AMES Australasia business with a management-led investment group backed by Australian financial investors.

Transaction proceeds included USD 181 million cash, a USD 49 million paid-in-kind note receivable, and a 49% equity stake in the venture.

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