ELKHART, Ind., Aug. 23 - Patrick Industries, Inc. (NASDAQ:PATK) (the "Company"), announced today that it has completed the previously announced acquisition of certain assets of Bristol, Indiana-based Blazon International Group ("Blazon"), a distributor of various wiring, electrical, lighting, plumbing and other building products to the RV and MH industries, at a purchase price of approximately $3.7 million.
"We are very excited to work with the Blazon team, and that this acquisition will provide us with a broader portfolio of products to offer our valued customers in addition to the array of products that we already have in our existing distribution channels," stated Todd Cleveland, President and Chief Executive Officer.
About Patrick Industries
Patrick Industries, Inc. (www.patrickind.com) is a major manufacturer of component products and distributor of building products serving the recreational vehicle, manufactured housing, kitchen cabinet, household furniture, fixtures and commercial furnishings, marine, and other industrial markets and operates coast-to-coast through locations in 12 states. Patrick's major manufactured products include decorative vinyl and paper panels, wrapped mouldings, cabinet doors and components, interior passage doors, slotwall and slotwall components, and countertops. The Company also distributes drywall and drywall finishing products, electronics, adhesives, cement siding, interior passage doors, roofing products, laminate flooring, and other miscellaneous products.
Source: Patrick Industries, Inc.
CONTACT: Julie Ann Kotowski of Patrick Industries, Inc.,
Web Site: http://www.patrickind.com/