ATLANTA — Acuity Brands Inc., an industrial technology company, announced a definitive agreement to acquire KE2 Therm Solutions Inc., which develops and provides intelligent refrigeration control solutions that improve profitability by increasing system efficiency and decreasing operational and service costs.
The transaction is expected to close during the spring of 2023 when KE2 Therm will begin integrating into Distech Controls within the Intelligent Spaces Group business segment of Acuity.