Great News!
LSI Industries Acquires JSI Store Fixtures
LSI has been very careful and diligent to understand the industries and markets it serves in an effort to provide unparalleled and unequaled products and services. Our goal has been to build a leading commercial lighting and retail display solutions company with a diversified business of scale through a meaningful cross selling portfolio.
With the acquisition of JSI, LSI Industries will become a leading provider of lighting and merchandising solutions to the North American grocery and convenience store channels.
JSI’s established presence within the grocery channel, together with LSI’s market leadership position within the petroleum convenience store and QSR channels, are highly complementary to one another; creating the potential for significant synergies.
“JSI is an established market leader within the retail display solutions industry, one whose history of growth and innovation, attractive margin profile and loyal customer following within the supermarket, convenience and specialty store verticals are highly complementary to LSI’s existing portfolio of lighting and graphics solutions.”
– James A. Clark, LSI Industries President and Chief Executive Officer.
JSI Store Fixtures has been a leading provider of retail display solutions to the Grocery & C-Store verticals for years. With more than 30 years of industry experience, JSI is backed by 4 Facilities throughout North America of over 255,000+ sqft of manufacturing space and staffed by over 300 experienced carpenters, craftsman, technicians, engineers and logistics experts.
JSI’s innovative and multi-channel portfolio serves many of the top 20 grocers in North America with a diverse product that helps grocers maintain freshness, and promote food safety, all while driving incredible consumer traffic with creative and complimentary technology and design.
Coupled with LSI’s graphics and lighting support for many of those same grocers, the addition of JSI provides and a compelling platform and offering to our existing and potential customers.
“We are excited to join the LSI family. Our shared commitment to product innovation, customer-centric relationships, performance excellence and profitable growth position LSI as an ideal partner to scale the JSI brand in the years ahead. Our established presence within the supermarket vertical, when combined with LSI’s leading position within the c-store vertical, create a compelling opportunity that we believe will result in significant, long-term revenue synergies for the combined businesses.”
– Terry Awalt, CEO of JSI
JSI is a great fit for LSI.
Both companies sell products to grocery and convenience stores, and each saw an excellent opportunity to combine two world-class organizations with outstanding employees and shared values.
