One of the leading building automation control players in our industry was acquired today. Acuity Brands purchased Distech for approximately $252 million. Acuity, which had net sales of $2.4 billion dollars in 2014, owns a group of companies that work in the lighting and building automation controls market.
About Distech: An Innovative Leader in Energy Management Solutions.Distech Controls provides unique building management technologies and services that optimize energy efficiency and comfort in buildings, all the while reducing operating costs. We deliver innovative solutions for greener buildings through our passion for innovation, quality, customer satisfaction, and sustainability. Distech Controls serves multiple market segments through its worldwide business divisions, service offices and a superior network of Partners.
About Acuity Brands: Acculamp, American Electric Lighting, Antique Street Lamps, Carandini, Gotham Lighting, and Healthcare Lighting.
Lighting Product Specialties:
Indoor: Commercial, Decorative, Industrial, Downlighting, Emergency & Exit, Modular Wiring, Special Applications, Skylights and Track.
Outdoor: Area & Site, Bollards, Building Mount, Garage & Canopy, Infrastructure & Roads, Ingrade, Landscape & Floodlighting, Period, Poles and Arms, Sports Lighting, and Underwater.
Featured Technology: LED Lighting, OLED Lighting, Wireless Emergency Monitoring System and Low Voltage.
See more at: http://www.acuitybrands.com/solutions/services/finance-rebates#sthash.aB61DEWh.dpuf