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In The News:

Acuity Brands Acquires Sunoptics

Lighting distributor Acuity Brands, Inc., (NYSE: AYI), Atlanta, GA, has acquired Sacramento, CA-based Sunoptics, a provider of high-performance, prismatic daylighting products.

"The acquisition of Sunoptics allows us to manage the visual environment using natural daylight. Their portfolio strengthens our suite of sustainable and energy-efficient solutions for retail, industrial, warehouse, education, government and office applications," said Vernon J. Nagel, Acuity Brands president and CEO. "Further, there are opportunities to leverage our technology expertise and broad market access, including integration with other energy-efficient technologies such as our LED-based luminaires and intelligent lighting control solutions."

Sunoptics will continue operations in its existing facility, focusing on key customers and competencies. Terms of the acquisition were not disclosed.

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