Apogee Enterprises, Inc. Form 8-K Filing

Apogee Enterprises, Inc. has entered into a Share Purchase Agreement to acquire 100% of the equity interests of SIA “Alzette”, a Latvian company that owns SIA “GroGlass”. GroGlass specializes in high-performance glass surface solutions, including anti-reflective coatings. The transaction values GroGlass at approximately €62.5 million on a cash-free, debt-free basis, with a potential additional contingent payment of up to €10 million based on future financial performance over three years. Apogee intends to finance the acquisition using existing cash reserves and its credit facility. The agreement includes standard representations, warranties, covenants, and closing conditions, with the transaction expected to close in the third quarter of fiscal year 2027. Ancillary agreements, such as employment and consulting agreements, are also anticipated. This filing also includes a press release regarding the acquisition and forward-looking statements detailing potential risks and uncertainties associated with the transaction and integration process.