Brief: Apogee Enterprises To Acquire Kalwall Companies For Up To $115 Million
28/05/2026 13:41
BRIEF-Apogee Enterprises To Acquire Kalwall Companies For Up To $115 Million May 28 (Reuters) - Apogee Enterprises Inc APOG.O:
TO ACQUIRE KALWALL COMPANIES
ENTERS AGREEMENT TO BUY KALWALL FOR UP TO $115 MILLION
EXPECTS $4 MILLION OPERATIONAL AND COST SYNERGIES BY END OF FISCAL 2029
DEAL EXPECTED TO BE ACCRETIVE TO ADJUSTED DILUTED EPS IN FIRST YEAR
ACQUISITION TO BE FINANCED WITH CASH ON HAND AND EXISTING CREDIT FACILITY
ACQUISITION EXPECTED TO CONTRIBUTE $85 MILLION OF REVENUE, ADJUSTED EBITDA MARGIN OF ABOUT 15% WITHIN FIRST 12 MONTHS
Source text: ID:nBw291BBSa
Further company coverage: APOG.O
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