Patrick Industries, LCI Industries agree to all-stock merger with 1.244 share exchange ratio
LCI Industries
Patrick Industries, Inc.
LCI Industries LCII | 0.00 | |
Patrick Industries, Inc. PATK | 0.00 |
- Patrick Industries agreed to combine with LCI Industries in an all-stock merger, creating a component solutions provider for outdoor recreation, housing, transportation markets.
- LCI shareholders to receive 1.244 Patrick shares per LCI share; pro forma ownership about 52% Patrick, 48% LCI.
- Companies target more than $150 million of run-rate cost synergies within three years of closing.
- Pro forma trailing 12 months through March 2026: revenue about $8.1 billion; adjusted EBITDA $1 billion including synergies; free cash flow $508 million.
- Deal expected to close in the first half of 2027; combined company to be headquartered in Elkhart, Indiana; Andy Nemeth to lead as CEO.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Patrick Industries Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202606300715BIZWIRE_USPR_____20260630_BW034219) on June 30, 2026, and is solely responsible for the information contained therein.
