Acuity Brands takes over Juno Lighting
Acuity Brands Inc. from Atlanta/ Georgia has announced that it is going to take over Juno Lighting LLC from Des Plaines/ Illinois.
Juno Lighting, a subsidiary of the French company Schneider Electric, produces busbars and downlights in Des Plaines and Fishers/Indiana.
Its best-known product names are Juno, Indy, AccuLite, Aculux, DanaLite and NaviLite, and its annual turnover amounts to USD 250 m (EUR 233 m).
The takeover still has to be approved by the relevant antitrust authorities and is expected to be concluded at the end of the year.