Acuity Brands to Acquire ams OSRAM Digital Systems Business Unit in North America
Acuity Brands announces its expansion of its LED driver portfolio and business, through the acquisition of ams OSRAM Digital Systems Business Unit in North America. The transaction highlights our continued commitment to disciplined capital allocation and is expected to close during the Summer of 2021. For more details on the transaction and for forward-looking disclaimers, please refer to our press release here.
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Acuity Brands, Inc. (NYSE: AYI) is a market-leading industrial technology company. We design, manufacture, and bring to market innovative products and services that make the world more brilliant, productive, and connected including building management systems, lighting, lighting controls, and location-aware applications. Based in Atlanta, Georgia, with operations across North America, Europe, and Asia, we are powered by approximately 12,000 dedicated and talented associates.
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