Acuity Brands acquires Mark Architectural Lighting
Acuity Brands, maker and marketer of lighting products under names including Lithonia and Peerless, has acquired Edison, N.J.-based Mark Architectural Lighting. Terms of the deal were not disclosed.
Mark Architectural Lighting is a high-end manufacturer of lighting products primarily in the Northeast, and particularly in the metropolitan New York market. The company had sales of more than $22 million in 2006.
“This acquisition is part of our broader strategy to enhance our service to the architectural community, particularly in New York City,” said Vernon Nagel, chairman, president and CEO of Acuity Brands.
Scott Coppola, vp and general manager of the Center for Light and Space, the company’s recently opened sales and marketing office in New York, said Mark Architectural Lighting has been growing “rapidly” over the past few years.
“We determined the best way to sustain that growth was to access new resources,” he said.
Acuity Brands is a provider of fixtures under brands including Hydrel, Holophane, American Electric Lighting and Gotham. The company had net sales of $2.4 billion last year.