Glassec Vidros de Seguranca Ltda. has annual revenues of about $30 million, Apogee said. The Brazilian company will be renamed Glassec Viracon and operate as part of Apogee's architectural glass business.
Apogee CEO Russell Huffer said the deal will help the company expand into the architectural glass market internationally. Huffer said the acquisition could be accretive to Apogee's earnings as early as 2012.