LSI Industries Inc. (NASDAQ: LYTS) announced the acquisition of EMI Industries for $50 million in cash. Based in Florida, EMI is a renowned manufacturer of fixtures and displays for convenience stores, groceries, and restaurants. With over 40 years of experience, EMI brings a diverse customer base and innovative solutions to LSI. This acquisition aligns with LSI’s growth strategy, expanding its presence in key markets and enhancing its product offerings. Alan Harvill, President and CEO of EMI Industries, expressed confidence in the partnership, citing LSI’s reputation for growth and value creation. The acquisition marks a significant step forward for LSI, positioning the company for continued success in the commercial lighting and display solutions industry.
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