MergerLoop
  • Home
  • All Deals
  • Newsletter
  • 20 Weeks In Report
Back to register

MergerLoop is a DDLoop project

Back to register
WA-05029

HupCo / AMES AustralasiaWA-05029

View on ACCC

Processing timeline

18

days

Filed

29 June 2026

Notification waiver determination published

Decision

17 July 2026Notification waiver determination published
Type
Waiver
Outcome
Approved
Stage
Waiver application
Status
Assessment completed

Parties

Acquirer(s)

HUPCO HOLDINGS PTY LTD ACN - 697 110 099

Target(s) or Vendor(s)

Griffon AMES HoldCo LLC, GRIFFON AUSTRALIA HOLDINGS PTY LTD ABN - 35 156 377 356

Other parties

HUPCO PARENTCO PTY LTD ACN - 698 725 816, HUPCO MIDCO PTY LTD ACN - 698 725 058, HUPCO TOPCO PTY LTD ACN - 698 724 579, Ames Hunter Holdings Corporation

Summary

HupCo Holdings Pty Ltd (representing AMES Australasia management) is acquiring an indirect controlling interest in Griffon Australia Holdings Pty Ltd. This company operates the AMES business, a leading Australian supplier of housing, gardening tools, storage, and outdoor lifestyle products. Griffon AMES HoldCo LLC will retain a remaining indirect interest.

Acquisition details

HupCo Holdings Pty Ltd ( HupCo ) is a special purpose vehicle that has recently been incorporated and does not currently operate any business or hold any other interests (other than 100% of the interests in three special purpose vehicles established for the proposed acquisition). Griffon Australia Holdings Pty Ltd ( Griffon Australia Holdings ), operating as AMES Australasia, is an Australian proprietary limited company and a subsidiary of Griffon Corporation, a U.S. diversified management and holding company that conducts business through wholly-owned subsidiaries. Griffon Corporation is listed on the New York Stock Exchange. Griffon Australia Holdings operates the AMES business in Australia, which is a leading supplier of housing and gardening tools, storage solutions and outdoor lifestyle products. The AMES brand has a longstanding presence in the Australian market and supplies its products through major hardware and retail channels. Griffon AMES HoldCo LLC ( Griffon AMES ) is a U.S. limited liability company that currently holds all of the issued share capital of Griffon Australia Holdings. HupCo (on behalf of the current AMES Australasia management team, and through its wholly-owned subsidiary HupCo ParentCo Pty Ltd) is seeking to acquire an indirect controlling interest in Griffon Australia Holdings. Griffon AMES will retain the remaining indirect interest in Griffon Australia Holdings, in each case through HupCo TopCo Pty Ltd. The transaction will be funded through a combination of equity contributed by HupCo, third-party debt financing and a retained interest held by Griffon AMES.

Industry

Broad:Professional & Business Services

Decisions and key events

17 July 2026Notification waiver determination publishedAttachmentPDF148.0 KB

More Professional & Business Services deals

  • Expedia / CarTrawlerMN-90022 · Notification · Filed 20 July 2026
  • Syngenta Crop Protection and Dümmen Orange / Joint Venture FormationMN-01109 · Notification · Filed 17 July 2026
  • Acrow / Ausgroup Industrial ServicesMN-60025 · Notification · Filed 16 July 2026
  • UPM-Kymmene / Sappi joint ventureMN-30023 · Notification · Filed 16 July 2026
  • Parker-Hannifin / CIRCOR A&DMN-70026 · Notification · Filed 15 July 2026
  • Laundy / Woy Woy HotelMN-40029 · Notification · Filed 15 July 2026