APOGEE ENTERPRISES, INC. current report, 18 September 2026

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Business Context and Reporting Period

Apogee Enterprises, Inc. reported on September 18, 2026 that it completed the acquisition of all outstanding equity interests of SIA “Alzette,” a Latvian limited liability company, and its subsidiaries, including GroGlass. The transaction was completed through Apogee’s wholly owned subsidiary, Tiger MergeCo SIA.

This Form 8-K is a current report and does not provide a quarterly or annual financial reporting period.

Key Financial and Transaction Metrics

  • Transaction value: approximately €62.5 million on a cash-free, debt-free basis.
  • Final purchase price: subject to contractual closing adjustments.
  • Contingent consideration: up to €10 million, payable based on specified financial performance targets during the three years following closing.
  • Funding: available cash and borrowings under Apogee’s existing revolving credit facility.
  • The filing does not provide updated revenue, profit, cash flow, margins, debt balances, liquidity balances, or acquisition-related accounting amounts.

Material Changes Versus the Prior Comparable Period

The principal material event is the completed acquisition of GroGlass and related entities. The filing does not provide comparative operating or financial results versus a prior period.

Guidance, Outlook, Risks, and Unusual Items

  • The acquisition introduces potential additional consideration of up to €10 million over the three-year post-closing period, contingent on financial performance targets.
  • The final purchase price remains subject to adjustments under the Share Purchase Agreement.
  • Use of cash and revolving-credit borrowings may affect Apogee’s liquidity and leverage; the filing does not quantify the impact.
  • No formal earnings guidance, operating outlook, integration expectations, synergies, or pro forma financial information is provided in the filing text.
  • The description of the transaction is qualified by the complete Share Purchase Agreement, including schedules and exhibits that may be furnished separately and may be subject to confidential treatment.

Important Facts for Investors to Verify

  • Final acquisition accounting, including identifiable assets, liabilities, goodwill, and purchase-price adjustments.
  • Actual debt drawn under the revolving credit facility and the effect on liquidity and leverage.
  • GroGlass revenue, profitability, cash flow, and contribution to Apogee’s future results.
  • Terms and measurement criteria for the earnout and the likelihood of contingent consideration payments.
  • Integration costs, expected synergies, foreign-exchange exposure, and any material risks associated with the Latvian operations.
  • Subsequent financial statement disclosures and any updated guidance concerning the acquisition.