Acuity Acquires WhiteOptics

June 20 [addtoany]

Atlanta, June 20, 2019 (GLOBE NEWSWIRE) —

Acuity Brands, Inc. (NYSE: AYI) today announced it has acquired WhiteOptics, L.L.C. (WhiteOptics®), a New Castle, DE-based manufacturer of advanced optical components used to reflect, diffuse and control light for LED lighting used in commercial and institutional applications.

WhiteOptics’ product portfolio includes light guide plates, optical diffusers and innovative micro-structure lenses that provide a unique three-dimensional appearance.  WhiteOptics’ transmissive products include optics that improve the quality of light to support a favorable Unified Glare Rating (UGR) and superior luminaire efficiency and energy savings.  The convergence of these benefits is in sync with market trends toward lower glare LED solutions that also meet stringent energy requirements.

“Optical systems have become increasingly complex as LED technology has evolved,” said Tommy Harris, Vice President – Indoor Product Solutions, Acuity Brands Lighting. “WhiteOptics has a broad offering of optical materials to further enhance the performance of our commercial and architectural products. These materials enable more visual comfort, unique light distributions, and three-dimensional images that can enhance the look and feel of a space.”

“Acuity Brands has always valued optical performance,” said Eric Teather, President, WhiteOptics.  “Our advanced materials and processing technology will allow Acuity to increase their offering of unique and advanced designs to its customers.”

The acquisition is not expected to materially impact the Company’s fiscal 2019 consolidated financial performance.  Terms of the acquisition were not disclosed.

About Acuity Brands

Acuity Brands, Inc. (NYSE: AYI) is the North American market leader and one of the world’s leading providers of lighting and building management solutions. With fiscal year 2018 net sales of $3.7 billion, Acuity Brands currently employs approximately 12,000 associates and is headquartered in Atlanta, Georgia with operations throughout North America, and in Europe and Asia. The Company’s products and solutions are sold under various brands, including Lithonia Lighting®, Holophane®, Aculux®, American Electric Lighting®, Antique Street Lamps™, Atrius™, DGLogik™, Distech Controls®, DTL®, eldoLED®, Gotham®, Healthcare Lighting®, Hydrel®, Indy™, IOTA®, Juno®, Lucid®, Mark Architectural Lighting™, nLight®, Peerless®, RELOC® Wiring, ROAM®, Sensor Switch®, Sunoptics® and Winona® Lighting.  Visit us at www.acuitybrands.com
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