Owner of ClosetMaid, Clopay Doors Eyes Sale or Divestiture

New York, NY—Griffon Corporation (NYSE:GFF) says its board of directors retained Goldman Sachs to review a sale, merger, divestiture, recapitalization, or other strategic transaction. Among other businesses, Griffon owns ClosetMaid as well as Clopay, which makes garage and commercial doors. Griffon is not under duress, with business for 2022 expected to rise 34 percent, or […]