- March 09, 2015
- Distech Controls
Distech, a supplier of building automation and energy management solutions, will be acquired by Acuity Brands, a provider of intelligent lighting solutions.
March 9, 2015 – Distech Controls, a supplier of building automation and energy management solutions, will be acquired by Acuity Brands, a provider of intelligent lighting solutions
Distech Controls’ building automation and energy management solutions combined with Acuity Brands’ solid-state lighting portfolio, will offer solutions that can provide true end-to-end optimization of all aspects of the building for enhanced occupant experience, quality visual environment, seamless operation, energy efficiency, operational cost reductions, and increased digital functionality.
Distech Controls will continue to employ its 190 team members worldwide, led by current executives, including Founder, President and CEO Etienne Veilleux. The company will maintain its head office in Quebec, Canada, as well as its European office in Lyon, France, and continue to execute its global growth strategy. It will become part of the Acuity Brands portfolio of businesses, continuing to operate as a separate entity, with management teams jointly developing future growth strategies.
“Since its inception, Distech Controls has consistently led the way in delivering innovative products and solutions that enable improved energy efficiency,” said Étienne Veilleux, President and CEO of Distech Controls. “For 20 years, the success of Distech Controls has been based on the skills and innovative spirit of the people here. Together, we will continue to grow by furthering our local investment, creating more jobs here in Quebec and abroad, while preserving our unique ability to innovate. Joining Acuity Brands will open new doors for us, and we are truly excited about the opportunities this provides to our employees, customers and partners.”
Vernon J. Nagel, Chairman, President, and Chief Executive Officer of Acuity Brands said “We believe the combination of our dynamic businesses and strong leadership teams will provide growth opportunities with key customer sets, and will strengthen each of our primary sales channel partners in their respective markets. Acuity and Distech Controls combined offers the opportunity to deliver comprehensive solutions that fulfill the promise of intelligent buildings.”.
About Distech Controls
An innovation leader in energy management solutions, Distech Controls provides unique building management technologies and services that optimize energy efficiency and comfort in buildings, all the while reducing operating costs. We deliver innovative solutions for greener buildings through our passion for innovation, quality, customer satisfaction, and sustainability. Distech Controls serves multiple market segments through its worldwide business divisions, service offices and a superior network of Authorized Partners
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