Patrick Industries confirms merger talks with LCI Industries

Patrick Industries Inc. (NASDAQ: PATK) confirmed it is in discussions with LCI Industries (NYSE: LCII) regarding a potential merger of equals, according to a company statement.

The Elkhart, Indiana-based component solutions provider for recreational vehicle and housing markets stated there is no assurance that any transaction will result from these discussions or on what terms any deal may occur.

Patrick Industries said it does not intend to make additional comments regarding the discussions unless a formal agreement is reached or talks are terminated.

Patrick Industries serves original equipment manufacturers and aftermarket customers in the RV, marine, powersports and housing markets. The company operates more than 85 brands and employs over 10,000 people throughout the United States.

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