Patrick Industries and LCI Industries terminate merger discussions; deal off

PATRICK INDUSTRIES INC

Companies unable to agree on certain key terms despite consensus on leadership and strategic vision.
Discussions previously confirmed on April 17, 2026; no assurance of a transaction.
CEO Andy Nemeth reaffirms commitment to independent brand-fronted foundation and M&A strategy.
Patrick cites robust pipeline of high-quality opportunities and strong balance sheet.
Both companies continue as separate entities; no financial terms disclosed.

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