Woodworking industry trade publication “Woodworking Network” recently highlighted the “legendary acquisition spree” RV industry supplier Patrick Industries has been on since 2014. Patrick Industries now has annual sales surpassing $1.2 billion, the publication noted.
Recently, the supplier acquired Indiana companies Inland Plywood, with annual sales of $60 million, and Synergy RV Transport, with revenue around $46 million last year.
In the past several years, Patrick industries has acquired more than 25 companies, Woodworking Network said. In 2017 alone, it acquired eight companies, nearly doubling its employees.
Click here to read more in Woodworking Network.