Patrick Industries Announces Merger Agreement to Acquire LCI; HSR Refiled

What Happened
Patrick Industries, Inc. announced it entered into an Agreement and Plan of Merger (June 30, 2026) to acquire LCI Industries via a two-step merger structure (First Merger and Second Merger) that would result in LCI becoming a direct wholly owned subsidiary of Patrick. The companies filed Hart-Scott-Rodino (HSR) premerger notifications on August 5, 2026; Patrick withdrew its HSR filing on September 4, 2026 and refiled on September 9, 2026, which started a new HSR waiting period. The Mergers remain subject to satisfying or waiving closing conditions, including the expiration or termination of the HSR waiting period.

Key Details

• Merger Agreement dated June 30, 2026 between Patrick Industries and LCI Industries (two-step merger through newly formed subsidiaries).
• HSR timeline: initial filings on August 5, 2026; Patrick withdrew its filing on September 4, 2026 and refiled on September 9, 2026, restarting the antitrust waiting period.
• Completion depends on expiration/termination of the HSR waiting period and other customary closing conditions and approvals.
• Patrick and LCI plan to file a Form S-4 (registration statement) that will include a joint proxy statement/prospectus to be mailed to shareholders.

Why It Matters
This 8-K confirms a pending acquisition that would expand Patrick’s business by bringing LCI under its ownership, but it also signals timing uncertainty: the companies voluntarily restarted the HSR process, so regulatory review and other closing conditions will determine when (or if) the deal closes. Investors should watch for the Form S-4/joint proxy statement for material terms (consideration, shareholder votes) and monitor regulatory updates; all parties caution that the transaction remains subject to risks and may be delayed or not completed.