Acuity Brands to Buy Schneider Electric’s Juno Lighting Group for US $385M

Juno Lighting Acuity

Acuity Brands, Inc. has entered into an agreement to acquire all of the equity interests of Juno Lighting LLC, a leading provider of downlighting and track lighting fixtures for residential and commercial applications. Juno Lighting Group, a unit of Schneider Electric, serves electrical distributors, lighting showrooms, homecentres, contractors, architects, engineers, lighting designers and commercial facilitiesthroughout North America. Juno Lighting Group generates current annual revenues of approximately $250 million.

According to Vernon J. Nagel, Chairman, President, and Chief Executive Officer of Acuity Brands, “this strategic opportunity… will allow us to provide customers with an enhanced and broader set of lighting solutions for both residential and commercial applications. Juno Lighting Group is a widely-recognized and well-respected brand in the industry and its product offering is highly complementary, with minimal overlap, to our industry-leading portfolio.”

The terms of the agreement reflect a cash purchase price totalling approximately US$385 million. The acquisition is subject to regulatory approvals and other customary closing conditions. Management anticipates the acquisition will be completed in late 2015.

Headquartered in Atlanta, GA, Acuity Brands has fiscal year 2015 net sales of $2.7 billion and employs 8,000 associates in operations throughout North America, and in Europe and Asia.The company’s products and solutions are sold under various brands, including Lithonia Lighting, Holophane, Peerless, Gotham, Mark Architectural Lighting, Winona Lighting, Healthcare Lighting, Hydrel, American Electric Lighting, Carandini, Antique Street Lamps, Sunoptics, RELOC Wiring Solutions, eldoLED, Distech Controls, and Acuity Controls.

Juno Lighting Group includes six brands: Juno, Indy, AccuLite, Aculux, DanaLite, and NaviLite. In 2014, Juno Lighting Group generated revenues of US$230 million and EBITDA ofUS$32 million.

Related Articles


Latest Articles


Changing Scene

  • More Heat Pump Rebates on the Way in BC

    More Heat Pump Rebates on the Way in BC

    July 21, 2025 More British Columbians will benefit from a heat pump this summer with the B.C. government’s launch of a new program for income-qualified apartment renters and condo owners. The Better Homes Energy Savings Program Condo and Apartment Rebate will provide rebates up to $5,000 to support the purchase and installation of high-performance electric… Read More…

  • Noramco Announces Dallas Heal as Account Manager in Edmonton

    Noramco Announces Dallas Heal as Account Manager in Edmonton

    July 21, 2025 Noramco invites you to join in welcoming Dallas Heal as the company’s new Account Manager in Edmonton. Dallas brings over 20 years of hands-on experience in the electrical and construction industries, with a strong track record of leadership, technical expertise, and customer-focused service. He began his career as a Journeyman Electrician and… Read More…

  • Ontario Investing $7.5 Million to Help Businesses Go Digital

    Ontario Investing $7.5 Million to Help Businesses Go Digital

    July 21, 2025 The Ontario government is investing $7.5 million to protect small and medium-sized businesses across the province, helping them modernize and grow by adopting digital technologies. The Digitalization Competence Centre (DCC) helps companies to transition and find made-in-Ontario digital solutions with expert guidance, training and up to $115,000 in targeted grants. “Small businesses are the backbone… Read More…

  • Ontario Building New Hospital in Brantford-Brant

    Ontario Building New Hospital in Brantford-Brant

    July 21, 2025 The Ontario government is investing an additional $12.5 million to support the planning and construction of a new Brant Community Healthcare System hospital, connecting more patients and families in Brant County, Six Nations of the Grand River and surrounding communities to more convenient, high-quality care close to home. This funding builds on the… Read More…