Ames Companies adds brand to its mix

The AMES Companies has welcomed a new brand into its family of long-handled tools. The company’s parent, Griffon Corp., acquired Harper Brush Works.

The acquisition will broaden AMES’ long-handle tool offering in North America to include brooms, brushes, and other cleaning tools and accessories.

The purchase price for Harper was approximately $5 million. The acquisition is expected to contribute approximately $10 million in annualized revenue and be immediately accretive to Griffon’s earnings in its first full year of operations.

AMES brands already include AMES, Razor-Back, True Temper and Jackson.

Harper, a U.S. manufacturer of cleaning products for professional, home, and industrial use, was a division of Horizon Global.

Griffon currently conducts its operations through three reportable segments:

AMES, founded in 1774, is the leading U.S. manufacturer and a global provider of long-handled tools and landscaping products for homeowners and professionals.