Patrick Industries and LCI Industries Agree to Combine in All-Stock Merger

June 30, 2026

Patrick Industries and LCI Industries (Lippert) entered into a definitive agreement to combine in an all-stock merger, with LCI shareholders to receive 1.2440 Patrick shares for each LCI share. The companies said the combination would unite complementary component portfolios and customer relationships, expand aftermarket capabilities, and create a more diversified supplier for outdoor recreation, housing, transportation, and related markets; the deal is expected to close in the first half of 2027.

Targets
LCI Industries (Lippert)
Industry
Manufacturing
Location
Indiana, United States
Transaction Type
Buyout

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