# Acuity Brands to acquire KE2 Therm

Acuity Brands announced a definitive agreement to acquire KE2 Therm Solutions, a provider of intelligent refrigeration control solutions. The transaction is expected to close in spring 2023.

- Type: Acquisition
- Announced: 2023-04-14
- Where: United States
- Status: announced
- Products: refrigeration control solutions, sensors, software
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Acuity Brands](https://endata.com/companies/31642.md) (acquirer)
- [KE2 Therm](https://endata.com/companies/42248.md) (target)
- [KE2 Therm Solutions](https://endata.com/companies/69754.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2023/04/14/2647118/28689/en/acuity-brands-to-acquire-ke2-therm.html), 2023-04-14: "We are focused on increasing our addressable market for Distech Controls."
- [achrnews.com](https://www.achrnews.com/articles/keyword/17511-acquisitions-in-the-hvac-industry?page=22), 2023-04-26: "The acquisition extends Distech Controls’ addressable market into commercial refrigeration."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.