Patrick Industries and LCI Industries agree to all-stock merger
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Patrick Industries and LCI Industries to Combine in All-Stock Merger, Creating a Premier Platform Serving Global Outdoor Enthusiast, Housing and Other Markets
June 30, 2026 7:15 AM EDTTransaction Highlights
Combines customer-focused component solutions providers across complementary product portfolios and end markets. Compelling financial benefits underpinned by strong cash flow generation and a solid balance sheet to drive continued growth and disciplined capital allocation strategy. Patrick shareholders will own approximately 52% of the combined company and LCI shareholders will own approximately 48%. Accelerates shareholder value creation, with $150+ million of estimated run-rate synergies. Andy Nemeth to serve as CEO of combined company; Todd Cleveland to serve as Chair,... More