Griffon Corporation and ONCAP, the lower mid-market private equity platform of Onex Corporation, have entered into a definitive agreement to form a joint venture. This partnership will create a leading global provider of hand tools, home organization solutions, and lawn and garden products for both professionals and consumers. The joint venture will operate as a subsidiary of Venanpri, with ONCAP and Venanpri affiliates holding a 57% equity interest, and Griffon holding a 43% equity stake. The transaction, subject to customary closing conditions, is expected to close by the end of June 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Griffon Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260204697614) on February 05, 2026, and is solely responsible for the information contained therein.