Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.

• Exit01 Nov 2026EUR 62.5M

  US company Apogee Enterprises will acquire Latvia's Groglass for 62.5 million euros, enhancing its capabilities in glass coating technologies.

  Acquisition

  ▸Source: pmo.ee

  “ASV uzņēmums "Apogee Enterprises" par 62,5 miljoniem eiro iegādāsies Latvijas augsto tehnoloģiju stikla pārklājumu ražotāju "Groglass", kas izstrādā un ražo inovatīvus pretatspīduma stikla…”

  Read at pmo.ee

• Exit03 Sep 2026EUR 62.5M

  Latvian high-tech company Groglass is being acquired by the US company Apogee Enterprises for EUR 62.5 million, with potential additional payments based on financial targets.

  Acquisition

  ▸Source: LSM English Business

  “Latvian high-tech company Groglass, which develops and manufactures anti-reflective glass coatings, is being bought by US company Apogee Enterprises, it was announced on September 3rd.”

  Read at LSM English Business

• Don Nolan

  CEO

• Saša Kelbergs

  Founder

• Sasha Kelberg

  Founder

• Sergejs Kostjučenko

  CEO

What does Groglass do?

Groglass is a Latvian high-tech company that specializes in anti-reflective and UV-protective glass coatings. Its products are utilized in various sectors, including museums, electronics, and architecture. Based in Riga, the company's product portfolio includes premium brands like Artglass.

When was Groglass founded?

Groglass was founded in 2004.

Where is Groglass headquartered?

Groglass is based in Latvia.

Who has invested in Groglass?

Investors in Groglass include Apogee Enterprises.