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An update from Apogee ( (APOG) ) is now available.
Apogee Enterprises, Inc. is set to acquire UW Interco, LLC, a leader in high-performance coated substrates, for $240 million, aiming to close the deal in its fiscal 2025 third quarter. This strategic move promises to enhance Apogee’s position in attractive end-markets and is expected to be accretive to its financial profile. With operational synergies anticipated to save $5 million by fiscal 2027, the acquisition aligns with the company’s growth strategy and is forecasted to contribute over $100 million in revenue with attractive EBITDA margins.
See more insights into APOG stock on TipRanks’ Stock Analysis page.