Patrick Industries completes acquisition of BTI Transport; expected to be immediately accretive

PATRICK INDUSTRIES INC

Acquired Elkhart, IN-based BTI Transport, a leader in marine transportation; will operate as Patrick Marine Transport.
Expands Patrick's transportation and logistics services for leisure lifestyle OEMs and dealers.
Joe Bonacorsi, BTI President, continues leading division; CEO Andy Nemeth cites strong cultural fit.
Deal expected to be immediately accretive to net income per share; financial terms not disclosed.

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