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Apogee Enterprises Acquires SIA 'Alzette' and GroGlass for €62.5 Million

PUBLIC · APOGSep 23, 2026about 2 hours ago

Acquiring Company

Apogee Enterprises

Acquired Company

SIA Alzette

MinneapolisLatviaManufacturingBuilding MaterialManufacturing

Description

On September 18, 2026, Apogee Enterprises, Inc. completed the acquisition of SIA 'Alzette' and its subsidiaries, including GroGlass. The transaction, articulated in the Share Purchase Agreement dated September 2, 2026, values the acquired businesses at approximately €62.5 million. The final purchase price may be adjusted based on performance and contingent considerations established in the agreement.

Company Information

Company

Apogee Enterprises

Location

Minneapolis, Minnesota, United States

About

Apogee Enterprises, Inc. is a leading provider of architectural products and services for enclosing buildings, and high-performance glass and acrylic products used for preservation, energy conservation, and aerospace applications. Its diverse technologies and services contribute to the sustainability and aesthetics of the built environment. Apogee Enterprises aims to expand its product offerings and diversify the LSO segment through strategic acquisitions.

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Predictive Intelligence
Strategic

ML-powered predictions for Apogee Enterprises's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired SIA Alzette?

SIA Alzette was acquired by Apogee Enterprises, based in Minneapolis. The deal was reported on September 23, 2026. Apogee Enterprises, Inc. Apogee Enterprises is publicly traded (APOG) and operates in Manufacturing.

When did Apogee Enterprises acquire SIA Alzette?

Apogee Enterprises's acquisition of SIA Alzette was reported on September 23, 2026. On September 18, 2026, Apogee Enterprises, Inc. completed the acquisition of SIA 'Alzette' and its subsidiaries, including GroGlass. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SIA Alzette do?

SIA Alzette is a Latvian limited liability company that owns 100% of the equity interests of SIA GroGlass. GroGlass is renowned for its high-performance glass surface solutions, particularly in anti-reflective and advanced coating technologies. It is privately held, operating in Manufacturing, and is based in Latvia.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.