Fulcrum Capital Partners sells frames manufacturer Alumicor for $52 mln

Canadian mid-market private equity firm Fulcrum Capital Partners has sold Alumicor Ltd, a Toronto-based finisher and fabricator of aluminum frames for window, storefront, entrance and curtainwall products, to Apogee Enterprises Inc (Nasdaq: APOG) for US$52 million. The all-cash deal will provide Canadian market growth and new product introductions to Apogee, a provider of glass solutions for the architectural and picture-framing industries. Alumicor was acquired by Fulcrum in July 2007. Earlier this year, Fulcrum sold another portfolio company, Pompano Beach, Florida-based Qzina Specialty Foods North America, for US$32.7 million.

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