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Patrick Industries Merges with Lippert, LCI in 52/48 Split

6/30/2026

30 4 Full Breakdown

Summary

Story summary

Patrick Industries announced merger agreements with Lippert and LCI Industries.
The Lippert merger gives Patrick shareholders 52% and Lippert shareholders 48% of the company.
Andy Nemeth will serve as CEO of Lippert entity, which will be headquartered in Elkhart and close by the first half of 2027.
The LCI merger exchanges 1.2440 Patrick shares per LCI share and gives Patrick shareholders 52% and LCI shareholders 48% of the combined firm.

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Story summary

Patrick Industries announced merger agreements with Lippert and LCI Industries.
The Lippert merger gives Patrick shareholders 52% and Lippert shareholders 48% of the company.
Andy Nemeth will serve as CEO of Lippert entity, which will be headquartered in Elkhart and close by the first half of 2027.
The LCI merger exchanges 1.2440 Patrick shares per LCI share and gives Patrick shareholders 52% and LCI shareholders 48% of the combined firm.