Company Will Continue Operations at Brossard, Quebec, Headquarters
BROSSARD, Quebec — Distech Controls Inc., a supplier of building automation and energy management solutions, announced that it has entered into an agreement to be acquired by Acuity Brands Inc., a leading provider of intelligent lighting solutions. The companies said Distech Controls’ building automation and energy management solutions combined with Acuity Brands’ solid-state lighting portfolio, control technologies, and integrated digital solutions will create the opportunity to offer solutions that can provide end-to-end optimization of all aspects of the building.
Distech Controls will continue to be led by its current executives, including founder, president, and CEO Etienne Veilleux. The company will maintain its head office in Brossard, Quebec, Canada, as well as its European office in Lyon, France. 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.