Apollo completes acquisition of Japanese glassmaker Nippon Sheet Glass

Apollo Global Management has finalized its acquisition of Nippon Sheet Glass Co., Ltd., a prominent global glass manufacturer, on Monday, according to a press release. The transaction involved Apollo-managed funds and undisclosed financial institutions. Nippon Sheet Glass, also recognized as NSG Group, has introduced a new management structure post-deal. Munehiro Hosonuma remains as the company's Representative Director, President, and CEO.

Hosonuma expressed excitement about the new chapter for NSG Group, emphasizing that the company's expertise and core values, honed over a century, continue unchanged. Tetsuji Okamoto, Lead Partner for Asia Pacific Private Equity at Apollo, stated that the acquisition positions the firm for growth and innovation. The press release highlighted that the transaction will bolster the company's financial foundation and hasten investments in human resources and technology.

Apollo's investment experience in the glass, automotive, and manufacturing sectors contributed to its decision to acquire NSG Group. As of June 30, 2026, the firm managed approximately $1.05 trillion in assets. Apollo operates an asset management business and a retirement services business through Athene. The terms and financial particulars of the transaction were not disclosed in the announcement.