Savant's Carroll on the LiteTouch Acquisition
Coming on the news of yesterday's announcement that Savant had acquired LiteTouch, CustomRetailer asked Jim Carroll, Savant's General Manager, Residential Business for some more specifics:
CR: Has Savant been looking to acquire a lighting company for some time?
JC: We started off looking for a company to OEM some keypads and it just grew from there. It happened relatively quickly and Nortek has been just great to work with throughout this acquisition.
CR: Besides the obvious, what are some of the other real benefits for Savant?
JC: LiteTouch is a 30 year company and there are powerful opportunities for inclusion into other channels where LiteTouch is. The end-users are the same the channels are exciting with greater opportunities.