Berry Global to Acquire Clopay Plastic Products Company
Berry Global Group Inc. has entered into a definitive agreement to acquire Clopay Plastic Products Company Inc., a subsidiary of Griffon Corporation. Clopay is a global supplier of printed breathable films as well as an innovator in the development of elastic films and laminates with product offerings designed for applications used in markets including; hygiene, healthcare, construction and industrial protective apparel.
Clopay has nearly 1,500 employees with a footprint serving markets across the globe with locations in the U.S., Germany, Brazil and China. Clopay delivered $461 million in sales and $53 million in operating EBITDA for its fiscal year ended September 30, 2017.