Apogee Enterprises to acquire Groglass for up to $72.5 million
Deal expands coatings capabilities and adds approximately $30 million in projected annual revenue MINNEAPOLIS: Apogee Enterprises Inc., a provider of architectural building products and high-performance coated materials, said Thursday it has agreed to acquire SIA “GroGlass,” a Latvia-based glass coatings manufacturer, for up to €62.5 million, or approximately $72.5 million, on a cash-free, debt-free basis. The purchase price includes…