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Deal closed May 2023 · Atlanta, USA Verified

Acuity Brands completes acquisition of KE2 Therm (refrigeration controls)

Acuity Brands (NYSE: AYI) closed its acquisition of KE2 Therm Solutions, an intelligent refrigeration control solutions provider, integrating it into Distech Controls within Acuity's Intelligent Spaces Group. A definitive agreement had been signed April 14, 2023.

“announced the successful closing of its acquisition of KE2 Therm Solutions, Inc. (“KE2 Therm”), which develops and provides intelligent refrigeration control solutions that improve profitability by increasing system efficiency and decreasing operational and service costs.”

Entities

Acuity Brands, Inc. · Acquirer Distech Controls · Subsidiary KE2 Therm Solutions, Inc. · Target
Refrigeration
Source: hvacinsider.com

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