🤑 Acuity Brands Completes Acquisition of The Luminaires Group NYSE:AYI

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Acuity Brands, Inc. is a lighting and building management firm headquartered in Atlanta, GA., with operations throughout North America and in Europe and Asia.


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ATLANTA, Sept. 17, (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI​) today announced that its wholly-owned subsidiary, Acuity.


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Acuity Brands, Inc. is a lighting and building management firm headquartered in Atlanta, GA., with operations throughout North America and in Europe and Asia.


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Acuity Unlimited, Inc. Atlanta, Georgia, Delaware. Acuity Brands Lighting de Mexico, S de RL de CV. Monterrey, Nuevo Leon.


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Acuity Brands, Inc. designs, produces and distributes indoor and outdoor lighting fixtures.


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Atlanta, Sept. 10, (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) ("​Company") today announced that its wholly-owned subsidiary.


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ATLANTA, Sept. 17, (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI​) today announced that its wholly-owned subsidiary, Acuity.


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Terms of the purchase agreement are not disclosed. GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.{/INSERTKEYS}{/PARAGRAPH} This release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the historical experience of Acuity Brands and management's present expectations or projections. Egan acuitybrands. Subscribe via ATOM. The acquisition is subject to customary closing conditions. Visit us at www. Email Print Friendly Share. Management believes these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations. The discussion of those risks is specifically incorporated herein by reference. Management anticipates the acquisition will be completed by the end of the month. Media Contact : Neil Egan Neil. Acuity Brands, Inc. {PARAGRAPH}{INSERTKEYS}Atlanta, Sept. Subscribe via RSS. 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. The addition of their strong brands to our lighting portfolio reinforces our commitment to bringing superior architectural solutions to our vast customer base. Register Sign In. Vernon J. These risks and uncertainties include, but are not limited to, customer and supplier relationships and prices; competition; ability to realize anticipated benefits from initiatives taken and timing of benefits; market demand; litigation and other contingent liabilities; and economic, political, governmental, and technological factors affecting the Company. Management expects that the acquisition will be immediately accretive to fiscal earnings. Formats available: Original Medium Small. Each TLG brand has its own niche focus: a-light designs and markets indoor architectural lighting to enhance contemporary spaces; Cyclone specializes in high-quality outdoor decorative luminaires for the municipal market; Eureka concentrates on indoor and outdoor contemporary decorative lighting; Luminaire LED offers indoor and outdoor vandal-resistant lighting to withstand both environmental and physical abuse; and Luminis designs a wide range of indoor and outdoor specification lighting products for commercial and institutional applications. Further, forward-looking statements speak only as of the date they are made, and management undertakes no obligation to update publicly any of them in light of new information or future events.