Apogee Enterprises Completes Kalwall Acquisition for up to $115M

Apogee Enterprises, Inc. completed its acquisition of Kalwall Companies, including Kalwall Corporation and Structures Unlimited, Inc., for a total consideration of up to $115 million. The transaction involved $105 million in cash at closing and up to an additional $10 million in contingent consideration. Apogee funded the acquisition using available cash and its existing revolving credit facility, aiming to strengthen its position in attractive end markets and add differentiated daylighting capabilities.