LSI Industries Acquires JSI Store Fixtures, Creating Leading Commercial Lighting and Display Solutions Company
5/24, 10:15 PM (Source: GlobeNewswire)
Significantly Expands Presence Within Grocery, Convenience and Specialty Store Vertical Markets
Transaction to Drive Revenue Growth, Margin Expansion and Immediate Adjusted EPS Accretion
LSI to Host JSI Acquisition Conference Call at 8:30 AM ET on Tuesday, May 25, 2021
CINCINNATI, May 24, 2021 (GLOBE NEWSWIRE) LSI Industries Inc. (NASDAQ: LYTS) a leading U.S. based manufacturer of commercial lighting and graphics solutions, today announced the acquisition of privately held JSI Store Fixtures (“JSI”) from RFE Investment Partners for a cash purchase price of $90 million.
Maine-based JSI is a market-leading provider of retail commercial display solutions throughout North America. For more than 30 years, JSI has supplied major supermarket, convenience and specialty store chains with branded display soluti
Significantly Expands Presence Within Grocery, Convenience and Specialty Store Vertical Markets
Transaction to Drive Revenue Growth, Margin Expansion and Immediate Adjusted EPS Accretion
LSI to Host JSI Acquisition Conference Call at 8:30 AM ET on Tuesday, May 25, 2021
CINCINNATI, May 24, 2021 (GLOBE NEWSWIRE) LSI Industries Inc. (NASDAQ: LYTS) a leading U.S. based manufacturer of commercial lighting and graphics solutions, today announced the acquisition of privately held JSI Store Fixtures (“JSI”) from RFE Investment Partners for a cash purchase price of $90 million.
Maine-based JSI is a market-leading provider of retail commercial display solutions throughout North America. For more than 30 years, JSI has supplied major supermarket, convenience and specialty store chains with branded display solutions focused on enhancing the customer experience and driving store revenue. Multi-year growth in demand for fresh foods, prepared “grab-and-go” meals and evolving consume