Berry Global to acquire Clopay Plastic Products from Griffon for $475M

Berry Global Group announced a definitive agreement to acquire Clopay Plastic Products Co. Inc., a subsidiary of Griffon Corp., for $475 million in cash. Clopay is a global supplier of printed breathable films and elastic films for hygiene, healthcare, construction and industrial markets.

“The proposed acquisition of Clopay is directly aligned with our fundamental strategic initiatives.”textileworld.com

• 3 sources
• textileworld.comBerry Global Group Inc. Announces Agreement to Acquire Clopay Plastic Products From Griffon | Textile WorldJim BornemanNov 16, 2017
• apnews.comBerry Global Group to acquire Griffon subsidiary for $475M | AP NewsNov 17, 2017
• nonwovens-industry.comClopay Deal Will Make Berry a Technology Leader - Nonwovens IndustryBy: Karen McIntyre EditorNov 20, 2017

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