LCI Industries (Lippert Components) Acquires Veada Industries
December 23, 2020
LCI Industries, through its wholly-owned subsidiary Lippert Components, Inc., has acquired Veada Industries, a New Paris, Indiana-based manufacturer and distributor of boat seating and marine accessories. The acquisition expands LCI's marine seating capabilities and capacity and represents the fifth marine-sector acquisition by LCI since 2015; former owners Bob and Doug Steury were cited in the announcement.
- Buyers
- LCI Industries (through Lippert Components, Inc.)
- Targets
- Veada Industries, Inc.
- Sellers
- Bob Steury, Doug Steury
- Industry
- Manufacturing
- Location
- Indiana, United States
- Transaction Type
- Buyout
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