Apogee Enterprises entered into a Share Purchase Agreement on September 2, 2026, to acquire SIA GroGlass through a wholly owned subsidiary for approximately €62.5 million ($72.5 million) on a cash-free, debt-free basis. The transaction includes up to €10 million in contingent earnout payments based on financial performance over three years post-closing. Apogee intends to finance the acquisition using existing cash and its credit facility, with closing expected in the third quarter of fiscal 2027. GroGlass is a Latvian provider of high-performance glass surface solutions specializing in anti-reflective coatings for display, architectural, and technical applications. The company operates in the architectural building products and services industry.
