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Slide #8. Apogee — Alumicor Limited
Apogee Enterprises, Inc. (NASDAQ:APOG) announced today that it has acquired 100 percent of the stock of Toronto-based Alumicor Limited, which finishes and fabricates aluminum frames for window, storefront, entrance and curtainwall products for the Canadian commercial construction industry, for approximately $52 million from majority shareholder Fulcrum Capital Partners and six minority shareholders. Apogee provides distinctive value-added glass solutions for the architectural and picture framing industries.
Apogee Enterprises is engaged in the design and development of architectural products and services. Co.'s segments include: Architectural Framing Systems, which designs, engineers and fabricates aluminum window, curtainwall, storefront and entrance systems; Architectural Glass, which fabricates coated glass and applies coatings to uncoated glass; Architectural Services, which provides design, engineering, fabrication and installation services for the exterior of commercial buildings; and Large-Scale Optical Technologies, which provides coated glass and acrylic for use in custom picture framing, museum framing, wall decor and technical glass for other display applications.
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Buy (2.67 out of 4)
(ranked lower than approx. 75% of all stocks covered)
Based on Zacks ABR data;
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