Fulcrum Capital Completes the Sale of Alumicor Limited
Fulcrum Capital Partners is pleased to announce the sale of Alumicor Limited ("Alumicor") to Apogee Enterprises Inc. (NasdaqGS:APOG) ("Apogee").
Fulcrum Capital's Fund III acquired Alumicor in 2007. Alumicor finishes and fabricates aluminum frames and windows, storefront, entrance and curtain wall projects for the Canadian construction industry. Apogee provides distinctive solutions for enclosing commercial buildings and framing art. Apogee acquired 100 percent of the stock of Alumicor for approximately C$54 million.
Fulcrum Capital is pleased to see Alumicor join a market leader in the commercial construction market and believes this transaction provides an extremely positive outcome for Alumicor and its employees, for Apogee and for Fulcrum.