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LSI Industries acquires Canada's Best Holdings

LSI Industries acquires Canada's Best Holdings

03/11/25, 9:14 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgcincinnati
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svgwoodbridge
Industry
building material
manufacturing
retail
LSI Industries Inc. has announced the acquisition of Canada’s Best Holdings for USD $24 million, with additional performance-based earnout potential. This acquisition expands LSI's turnkey store fixtures solutions portfolio and enhances their market reach in Canada. The transaction aligns with LSI's growth strategy and is expected to drive immediate financial benefits.

Company Info

Company
LSI Industries
Location
Cincinnati, Ohio, United States
Company info
LSI is a publicly held company traded over the NASDAQ Stock Exchange under the symbol LYTS. The company manufactures advanced lighting, graphics and display solutions across strategic vertical markets. The company’s American-made products, which include non-residential indoor and outdoor lighting, print graphics, digital graphics, refrigerated and custom displays, help create value for customer brands and enhance the consumer experience. LSI also provides comprehensive project management services in support of large-scale product rollouts. LSI employs approximately 1,900 people at 16 manufacturing plants in the U.S. and Canada.

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