LSI Industries: $325 Million Acquisition Of Retail Solutions Provider Royston Group
By Amit Chowdhry ● Feb 28, 2026
LSI Industries Inc., a U.S.-based manufacturer of commercial lighting and display solutions, announced it has entered into a definitive agreement to acquire privately held Royston Group for $325 million, subject to a working capital adjustment. The deal includes $320 million payable in cash at closing and $5 million in LSI common stock, valued based on the February 19, 2026, closing price.