.
MergerLinks Header Logo

New Deal


Announced

Acuity Brands acquired The Luminaires Group.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

indoor lighting solutions

Private

United States

Acquisition

Pending

Building Materials: Other

luminaires

Household Equipment and Products

Friendly

Single Bidder

Synopsis

Edit

Acuity Brands, a lighting and building management firm headquartered in Atlanta, acquired The Luminaires Group, a leading provider of specification-grade luminaires for commercial, institutional, hospitality and municipal markets. Financial terms were not disclosed. Vernon J. Nagel, Chairman and Chief Executive Officer of Acuity Brands, commented, "We are very pleased to welcome the great team at The Luminaires Group to the Acuity Brands family. The addition of their strong brands to our lighting portfolio reinforces our commitment to bringing superior architectural solutions to our vast customer base. Acuity Brands will bring its connected, smart lighting expertise to the TLG brands through our leading and innovative drivers, controls and networking systems, which when combined with our existing complementary lighting brands, will provide our customers with an extensive catalog of customizable solutions for the specification community for applications of various sizes and complexities requiring innovative approaches, great design and optimum performance.”

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US