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Apogee Enterprises, Inc. announced a definitive agreement to acquire SIA 'GroGlass' for up to €62.5 million (approximately $72.5 million) on a cash-free, debt-free basis. Groglass, located in Riga, Latvia, is a provider of high-performance glass surface solutions specializing in anti-reflective and advanced coatings.
“The addition of Groglass will strengthen our position in attractive end markets by bringing differentiated coating technologies and deep materials science expertise.”apogeerenovation.com
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