M&A
confidence high
sentiment neutral
materiality 0.75
Griffon completes AMES North America JV with ONCAP; recasts financials for discontinued ops
GRIFFON CORP
- On June 9, 2026, Griffon completed JV combining AMES North America with Venanpri's Bellota Tools, Corona, Burgon & Ball businesses.
- JV formed with ONCAP Management Partners, mid-market PE platform of Onex Corporation (TSX:ONEX).
- On Feb 5, 2026, Griffon began strategic review of AMES Australasia and U.K. operations; June 8, 2026 definitive agreement announced.
- 8-K recasts FY2025, FY2024, FY2023 financials to present these operations as discontinued operations retrospectively.