secwatch.observer — SEC 8-K summary
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Issuer:     APOGEE ENTERPRISES, INC. (APOG)
CIK:        0000006845
Form:       8-K
Filed at:   2026-05-28T18:03:36+00:00
Accession:  0000006845-26-000044
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apogee acquires Kalwall Companies for up to $115M in cash; adds daylighting solutions
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- $105M cash at close plus up to $10M earnout; expected to close in Q2 FY2027.
- Acquisition financed with cash on hand and existing credit facility.
- Expected $85M revenue with ~15% adj. EBITDA margin in first 12 months; $4M cost synergies by FY2029.
- Expected to be accretive to adjusted diluted EPS in first year.
- Kalwall's translucent daylighting solutions strengthen Apogee's Architectural Glass segment with cross-sell opportunities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6845/000000684526000044/0000006845-26-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6845/000000684526000044/apog-20260527.htm
  HTML page:      https://secwatch.observer/filing/0000006845-26-000044

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