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Patrick Industries and Lippert to Merge in $3.52 Billion All-Stock Deal

21.07.2026 19:52 1 min 1 source РУС
sgbonline.com ISL

Patrick Industries and LCI Industries, doing business as Lippert, have agreed to combine in a $3.52 billion all-stock merger. LCI shareholders will receive 1.244 shares of Patrick common stock for each LCI share. Upon closing, Patrick shareholders will own about 52% of the combined company, and LCI shareholders about 48%. The combined company will be headquartered in Elkhart, Indiana. The transaction is expected to close in the first half of 2027, subject to shareholder and regulatory approvals.

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Aggregated by OpenVan.camp from the public sources listed below, with AI-assisted translation and summary. We always link to the original source. Machine translation may differ from the original -- check the source for important details. Images and content remain the property of their respective owners. Copyright information

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Patrick Industries and Lippert to Merge in $3.52 Billion All-Stock Deal

21.07.2026 sgbonline.com ISL Original source
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Patrick Industries and LCI Industries Announce All-Stock Merger

Patrick Industries and LCI Industries (Lippert) have entered into a definitive agreement to combine in an all-stock merger. LCI shareholders will receive 1.2440 shares of Patrick common stock for each LCI share, with Patrick shareholders owning approximately 52% of the combined company. The transaction, unanimously approved by both boards, aims to create a premier component solutions provider for the outdoor enthusiast, housing, and transportation markets. The merger is expected to close in the first half of 2027, subject to shareholder and regulatory approvals.

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