Sales Agency Agreement with RLA Positions Acuity Brands well to Compete in this Established and Growing Market
ATLANTA, June 24, 2024 – Acuity Brands, Inc. (NYSE: AYI) today announced an expansion into the re-fueling vertical, which includes service stations, convenience stores and quick-service restaurants. We are reimagining the customer experience using solutions specifically developed for these applications, in addition to other existing products from our lighting and controls portfolio.
We have entered into sales agency agreement with Red Leonard Associates, Inc. (RLA), one of the leading independent sales agents in this vertical, servicing the Midwest, Northeast, and Canada, positioning us well to compete in this established and growing market.
“We continue to make investments for future growth, prioritizing new verticals where we have not historically competed or where we are under-penetrated.” said Trevor Palmer, President, Acuity Brands Lighting and Controls. “The combination of our portfolio of industry-leading lighting and controls products, alongside RLA’s 50 years of deep industry knowledge, positions us well to provide unique solutions for convenience stores, service stations and adjoining quick service restaurants where we have not broadly competed.”
“Acuity Brands will provide our customers with innovative technology solutions needed to reimagine the customer experience,” said Jayme Leonard, Principal at RLA. “We look forward to working with the team.”
About Acuity Brands
Acuity Brands, Inc. (NYSE: AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG), we design, manufacture, and bring to market products and services that make a valuable difference in people’s lives.
Acuity Brands, Inc. is based in Atlanta, Georgia, with operations across North America, Europe, and Asia. The Company is powered by more than 12,000 dedicated and talented associates. Visit us at www.acuitybrands.com
About RLA
Leonard Associates, Inc. (d/b/a Red Leonard Associates, Inc.) is a leading authority in specifying full site solutions for petroleum equipment customers in North America, and specializes in superior customer service, full design. and project support capabilities. www.redleonard.com
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Media Contact:
Neil Egan