Patrick CEO Expects Approval of Merger With LCI
Patrick Industries (PATK) CEO expects a DOJ response by Oct. 9 on its merger with LCI Industries (LCII). The companies refiled merger notifications, with a waiting period expiring Oct. 9. Combined 12-month revenue is $8.1B. The deal, announced in June, values LCI shareholders at 1.2440 PATK shares per LCII share, with expected $150M in synergies. The merger requires regulatory and shareholder approvals.
How this was made

The 30-second read
Why it matters
The disclosed DOJ response timeline provides the first concrete regulatory update, making the deal’s outcome more certain for investors.
Market read
The merger’s regulatory progress is a material catalyst for both stocks, likely driving price action ahead of the DOJ decision.
What to watch
Potential integration challenges and execution risk could temper upside despite approval.
Background
Patrick Industries and LCI Industries announced their merger in June, with a share‑exchange ratio and $150 M of run‑rate synergies.
Ticker impact
Patrick Industries disclosed it expects a DOJ response on the merger with LCI around Oct 9, indicating the deal is progressing toward completion.
upward pressure as investors price in the likelihood of deal completion
The merger is moving forward with a clear regulatory timeline; approval would create a larger, diversified company.
Market effects
Combines two component manufacturers, strengthening the outdoor, RV, and marine sectors.
Midwest manufacturing exposure increases, potentially benefiting regional supply chains.
Creates a larger player in the global components market, modestly affecting industry peers.
Counterpoint
If the DOJ issues a second request, the deal could be delayed or blocked, pressuring both stocks.
Key entities
- CompanyPatrick Industries
US‑listed component manufacturer (ticker PATK) leading the merger.
- CompanyLCI Industries
US‑listed component manufacturer (ticker LCI) being acquired.


