Acuity Brands to acquire Distech Controls

Distech Controls, a building automation and energy management solutions supplier, announced an agreement to be acquired by lighting controls maker Acuity Brands. Distech will continue to operate as a separate entity under existing leadership from its Brossard, Quebec headquarters.

“BROSSARD, Quebec — Distech Controls Inc., a supplier of building automation and energy management solutions, announced that it has entered into an agreement to be acquired by Acuity Brands Inc., a leading provider of intelligent lighting solutions.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.