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Lippert Components Subsidiary Completes Acquisition of Veada Industries


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16773
LCI Industries (NYSE: LCII) which, through its wholly-owned subsidiary, Lippert Components, Inc. (“LCI”), supplies a broad array of highly engineered components for the leading original equipment manufacturers (“OEMs”) in the recreation and transportation product markets, and the related aftermarkets of those industries, today announced that it has acquired Veada Industries, Inc. (“Veada”), a manufacturer and distributor of boat seating and marine accessories.
With over 50 years of manufacturing and distribution experience, Veada, located in New Paris, Indiana, specializes in delivering quality and affordable marine seating. Veada will further expand LCI’s marine seating capabilities and capacity, representing the fifth acquisition in the marine sector by LCI since 2015. ....

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