secwatch.observer — SEC 8-K summary
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Issuer:     APOGEE ENTERPRISES, INC. (APOG)
CIK:        0000006845
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0000006845-24-000265
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apogee completes $242M cash acquisition of UW Solutions; expects FY2026 accretion
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- Acquired UW Solutions for $242M in cash; funded partially by $250M term loan draw.
- CEO Ty Silberhorn says acquisition expands Large-Scale Optical segment and creates growth engine.
- FY2025: expects ~$30M incremental sales and ~$0.10 adjusted EPS dilution from interest/amortization.
- FY2026: expects accretion with ~$100M revenue and ~20% adjusted EBITDA margin.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6845/000000684524000265/0000006845-24-000265-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6845/000000684524000265/apog-20241104.htm
  HTML page:      https://secwatch.observer/filing/0000006845-24-000265

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer