Richelieu Hardware acquires Penrod hardware division

• Richelieu acquired the hardware division of The Penrod Company, a U.S. distributor focused on residential and commercial door hardware.
• Deal adds about USD 70 million in annual sales.
• Transaction expands Richelieu’s U.S. footprint across door manufacturers, architects, contractors, specialty distributors.
• Penrod’s hardware business has served the door hardware and components market for more than 35 years.

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. Richelieu Hardware Ltd. published the original content used to generate this news brief via CNW (Ref. ID: 202609021700CANADANWCANADAPR_C3701) on September 02, 2026, and is solely responsible for the information contained therein.