EnerTech Portfolio Company Distech Controls acquired by Acuity Brands

Acuity Brands Inc. said it has agreed to acquire Quebec-based Distech Controls Inc. for roughly 318 million Canadian dollars ($252 million), expanding the lighting company's capabilities in building automation and energy management technology.

Last year, Distech Controls, which offers a broad range of products to improve comfort and energy efficiency in buildings, generated revenue of more than 70 million Canadian dollars , Acuity said in a news release on Monday.

For the full article, please visit: http://www.marketwatch.com/story/acuity-brands-agrees-to-buy-distech-controls-2015-03-09

Back to News

Get the latest EnerTech Capital news
direct to your inbox