# 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.

- Type: Acquisition
- Announced: 2017-11-16
- Where: United States
- Value: $475.0M
- Status: announced
- Products: printed breathable films, elastic films, laminates
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Clopay Plastic Products Company](https://endata.com/companies/2403.md) (target)
- [Griffon Corporation](https://endata.com/companies/2404.md) (partner)
- [Griffon Corporation](https://endata.com/companies/2404.md) (target)
- [Berry Global](https://endata.com/companies/25296.md) (acquirer)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2017/11/berry-global-group-inc-announces-agreement-to-acquire-the-clopay-plastic-products-company-inc-from-griffon-corporation/), 2017-11-16: "The proposed acquisition of Clopay is directly aligned with our fundamental strategic initiatives."
- [apnews.com](https://apnews.com/general-news-a5bd24628fe240eea32071833b53cd13), 2017-11-17: "Berry Global Group to acquire Griffon subsidiary for $475M"
- [nonwovens-industry.com](https://www.nonwovens-industry.com/exclusives/clopay-deal-will-make-berry-a-technology-leader-923818/), 2017-11-20: "The proposed acquisition of Clopay is directly aligned with our fundamental strategic initiatives."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
