官宣！国际照明巨头斥资45.05亿元收购！押注数据中心赛道

On October 26, Acuity Inc. (hereinafter referred to as the “Company” or “Acuity”) announced that it has reached an agreement to acquire Parameter Technologies (“Parameter”) for $675 million (approximately RMB 4.505 billion).

It is reported that through its two major brands, RLE Technologies and CellWatch, Parameter provides critical leak detection, environmental monitoring, and battery monitoring Solutions for data centers and other critical infrastructure. Its accurate, location-specific leak detection capabilities help customers identify issues earlier, reduce downtime, and protect critical equipment as data centers adopt more sophisticated liquid cooling systems.

Following closing of the transaction, Parameter will be integrated into Distech Controls™ under Acuity Intelligent Spaces. The two will share market channels, including system integrators and distributors, while further deepening Distech’s partnerships with cooling equipment OEMs.

Peter Han, President of Acuity Intelligent Spaces, stated: “Parameter has built a high-performing business that is highly complementary to Distech’s product portfolio. By combining Parameter’s sensing, detection, and monitoring technologies with Distech’s edge control capabilities, we can expand our reach in the data center space and strengthen relationships with channel partners. This also builds on Distech’s proven ability to solve customer problems and scale enabling technologies, thereby supporting the sustainable growth of Acuity Intelligent Spaces.”

Parameter is projected to generate approximately $100 million in calendar-year 2027 sales, representing Year-on-year (YoY) growth of over 30%, with an EBITDA margin of around 40%. This acquisition is expected to drive revenue growth and improve profit margins for Acuity Intelligent Spaces.

The Company plans to finance the transaction using $500 million in borrowings plus remaining cash on its balance sheet. Closing is anticipated in the second quarter of fiscal year 2027, subject to customary closing conditions.

This marks Acuity’s second-largest acquisition in its history, trailing only the $1.215 billion QSC Acquisition closed in 2025.

Acuity is once again deploying significant capital into one of the few non-residential building segments that remain in rapid expansion. According to the Associated Builders and Contractors (ABC), all incremental spending on non-residential construction in July came from data centers. With Parameter, Acuity can directly capture benefits from the data center industry rather than waiting for those gains to trickle down indirectly into the Luminaire channel.

Acuity’s current operations are divided into two main segments: Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS). The Company continues to advance its strategic transformation from a lighting manufacturer toward a smart-space technology service provider. In fiscal year 2026, the Company reported total net sales of $4.6418 billion (approximately RMB 31.0044 billion), up 6.8% YoY; full-year operating income of $713.7 million, up 26.6% YoY; and full-year Net profit of $531.3 million.