In a deal valued at $97.5 million all-in, LSI Industries Inc., Cincinnati, has acquired Atlas Lighting Products Inc., Burlington, NC, a move that LSI executives say creates a much more complete and balanced company to compete in the LED lighting market.
The attraction of the deal is strategic and it lies in the companies’ complementary product lines and routes to market, Dennis Wells, CEO and president of LSI, told analysts in an phone conference this week. There’s littl
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