Acuity Brands Inc., Atlanta, will buy Canadian building automation and energy management company Distech Controls Inc. for $252.8 million. Quebec-based Distech, with annual sales of about $56 million, would give Acuity more to offer in intelligent building and energy management systems. Distech’s products are used to integrate lighting, HVAC, access control, closed circuit television and related systems. “The acquisition of Distech Controls … is part of our strategy to ...
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