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Apollo to acquire NSG Group for $3.7 billion

PUBLIC · APOApr 02, 2026

Acquiring Company

Apollo Software Assets

Acquired Company

Nippon Sheet Glass Co Ltd

New YorkTokyoFinanceManufacturing

Description

Apollo Funds has agreed to acquire NSG Group for nearly $3.7 billion in enterprise value, marking its largest investment in Japan. The deal aims to stabilize NSG's financial position by transitioning part of its debt to equity and enhancing its growth strategy. NSG has struggled with debt since its acquisition of Pilkington in 2006. Post-acquisition, NSG plans to repay approximately $1.2 billion related to Pilkington.

Quick answer

Apollo Software Assets is acquiring Nippon Sheet Glass Co Ltd for $3.7 billion, announced April 2, 2026. Apollo Software Assets is based in New York, New York, United States.

How much did Apollo Software Assets pay for Nippon Sheet Glass Co Ltd?
The reported deal value is $3.7 billion.
What does Apollo Software Assets do?
Apollo Global Management, Inc. is a high-growth, global alternative asset manager.
Where are Apollo Software Assets and Nippon Sheet Glass Co Ltd based?
Apollo Software Assets is based in New York, New York, United States. Nippon Sheet Glass Co Ltd is based in Tokyo, Japan.
Who are the decision-makers at Apollo Software Assets?
Fundz holds 1 contact at Apollo Software Assets. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Apollo Software Assets

Location

9 West 57th Street, 42nd Floor

New York, New York, United States

About

Apollo Global Management, Inc. is a high-growth, global alternative asset manager. The company's asset management business seeks to provide clients excess return with a focus on three investing strategies: yield, hybrid, and equity. Through Athene, its retirement services business, Apollo specializes in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions.

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Frequently asked

Who acquired Nippon Sheet Glass Co Ltd?

Nippon Sheet Glass Co Ltd was acquired by Apollo Software Assets, based in New York. The deal was reported on April 2, 2026. Apollo Global Management, Inc. is a high-growth, global alternative asset manager. Apollo Software Assets is publicly traded (APO) and operates in Finance.

When did Apollo Software Assets acquire Nippon Sheet Glass Co Ltd?

Apollo Software Assets's acquisition of Nippon Sheet Glass Co Ltd was reported on April 2, 2026. Apollo Funds has agreed to acquire NSG Group for nearly $3.7 billion in enterprise value, marking its largest investment in Japan. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Nippon Sheet Glass Co Ltd do?

Nippon Sheet Glass Co Ltd operates primarily in flat glass production, serving sectors such as architectural, automotive, and specialty segments globally. It is privately held, operating in Manufacturing, and is based in Tokyo.

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