India, May 28 -- Apogee Enterprises, Inc. (APOG), a provider of architectural building products and services, Thursday announced that it has agreed to acquire Kalwall Companies from the Keller family for up to $115 million, on a cash free and debt free basis.
As per the agreement, the purchase price consists of 105 million cash at close and up to $10 million cash will be contingent on the financial performance of the company through the end of the third quarter of fiscal 2027.
The transaction will be funded using cash and the Apogee's existing credit facility.
Kalwall is a manufacturer of high-performance translucent daylighting solutions and Apogee intends to integrate Kalwall into its Architectural Glass segment to create a high-perfor...