M&A
confidence high
sentiment positive
materiality 0.65
Apogee completes GroGlass acquisition; total value up to ~$71.8M including earnout
APOGEE ENTERPRISES, INC.
- Closed Sept 18, 2026; deal values GroGlass at €62.5M on cash-free, debt-free basis.
- Contingent earnout up to €10M over three years based on financial performance targets.
- Funded with available cash and borrowings under existing revolving credit facility.
- Adds premium anti-reflective coating technology to Performance Surfaces portfolio; CEO Don Nolan comments.