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Deal announced Apr 2023 · Atlanta Verified

Acuity Brands to acquire KE2 Therm Solutions

Acuity Brands announced a definitive agreement to acquire KE2 Therm Solutions, a refrigeration control solutions provider, which will integrate into Acuity's Distech Controls within its Intelligent Spaces Group.

“Acuity Brands Inc., an industrial technology company, announced a definitive agreement to acquire KE2 Therm Solutions Inc., 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 KE2 Therm Solutions Inc. · Target
Refrigeration

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.