Companies
Tuesday, 6/30, 11:44 AM
Patrick Industries to Buy LCI in an All-Stock RV-Parts Merger
- Patrick Industries and LCI Industries agreed to combine in an all-stock deal, joining two of the biggest suppliers of parts to the recreational-vehicle, marine and manufactured-housing industries.
- The merged firm would have about $8 billion in revenue and target $150 million in cost savings — and give the RV supply chain a dominant new player.