Acuity Brands to acquire refrigeration controls maker KE2 Therm Solutions

Acuity Brands announced a definitive agreement to acquire KE2 Therm Solutions, a refrigeration control solutions provider, to be integrated into its Distech Controls unit. This is an equipment/controls manufacturer deal, not a home-services contractor roll-up.

“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.”

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