• 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, strengthening Richelieu’s U.S. footprint in the door hardware channel.
• Penrod serves door manufacturers, specialty distributors, architects, and construction professionals across the United States.

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 on September 04, 2026, and is solely responsible for the information contained therein.