Patrick Industries, Inc. acquired Williamsburg Marine LLC and Williamsburg Furniture, Inc.
November 21, 2021
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Patrick Industries, Inc. (NasdaqGS:PATK) acquired Williamsburg Marine LLC and Williamsburg Furniture, Inc. on November 22, 2021. The Williamsburg businesses will continue to operate on a stand-alone basis under their respective brand names in their existing facilities. Aggregate trailing 12-months revenue of Williamsburg Marine LLC and Williamsburg Furniture, Inc. through October 2021 was approximately $41 million. The acquisitions are expected to be immediately accretive to net income per share of Patrick Industries, Inc.
Patrick Industries, Inc. (NasdaqGS:PATK) acquired Williamsburg Marine LLC and Williamsburg Furniture, Inc. on November 22, 2021.
Patrick Industries, Inc. is a component solutions provider for the recreational vehicle (RV), marine, powersports and housing markets. The Companyâs segments include Manufacturing, which offers laminated products for furniture, shelving, walls and countertops; decorative vinyl, wrapped vinyl, paper laminated panels and vinyl printing; solid surface, granite and quartz countertops; fabricated aluminum products; and other products, and Distribution segment, which provides pre-finished wall and ceiling panels, drywall and drywall finishing products, interior and exterior lighting products, wiring, electrical and plumbing products, transportation and logistics services and other products. It operates through a network that includes approximately 179 manufacturing plants and 62 warehouse and distribution facilities located in 23 states with presence in Mexico, China, and Canada. It also serves original equipment manufacturers (OEMs), and various other industrial markets.
PATRICK INDUSTRIES, INC. 
