Acuity Brands to acquire KE2 Therm Solutions

Acuity Brands Inc. announced a definitive agreement to acquire KE2 Therm Solutions Inc., a provider of intelligent refrigeration control solutions, with KE2 Therm to be integrated into Distech Controls within Acuity's Intelligent Spaces Group. This is a strategic corporate acquisition, not a PE-backed home-services roll-up.

“ATLANTA — 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.”

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.