Griffon, a multinational conglomerate headquartered in New York, completed the acquisition of Hunter Fan Company, a provider of residential ceiling, commercial, and industrial fans, from MidOcean Partners, a private equity firm, for $845m. "We are excited to add Hunter, the leading US brand of residential ceiling fans, to our family of iconic consumer and professional brands including AMES, True Temper, and ClosetMaid. The acquisition of Hunter, along with the expected sale of Griffon’s Defense Electronics business, marks a repositioning and strengthening of the Griffon portfolio which will further accelerate our growth, increase shareholder value, and is an effective use of our capital," Ronald J. Kramer, Griffon CEO.