Mergers, Acquisitions & Exits

US equipment maker expands marine portfolio

IBI 2021-03-15T16:47:00

Sea-Dog logo_crop

Component manufacturer Patrick Industries adds marine distributor and sister company providing plastic injection moulding, design and tooling in a double acquisition today

US-based Patrick Industries completed the acquisition of Sea-Dog Corporation, a leading distributor of a comprehensive suite of marine and powersports hardware and accessories to distributors, wholesalers, retailers, online providers and manufacturers, and its sister company, Sea-Lect Plastics, which provides plastic injection moulding, design, product development and expert tooling to companies and government entities. 

The combined full-year 2020 revenues for both businesses was approximately…

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