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Apogee announces purchase of EFCO from Pella Corp. in $195M deal

Monday, May 8, 2017   (0 Comments)
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Apogee Enterprises Inc. announced today that the company has entered into an agreement to acquire 100 percent of the stock of privately-held EFCO Corp. from Pella Corp. for about $195 million. EFCO is a leading U.S. manufacturer of architectural aluminum window, curtain wall, storefront and entrance systems for commercial construction projects. Apogee, which provides distinctive value-added glass and metal solutions for the architectural and picture framing industries, expects to close on the purchase of EFCO in the first half of fiscal 2018, pending regulatory approval, according to the announcement. Read more...