News Breaks |
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| September 14, 2012 |
| 16:04 EDT |  | PATK | Patrick Industries completes acquisition of Creative Wood Designs
Patrick Industries announced the acquisition of the business and certain assets of Creative Wood Designs. Creative's 2012 annual revenues expected to be approximately $18 million. The business will continue to operate on a stand-alone basis under the Creative Wood Designs brand name in its existing 250,000 square foot facility in Ligonier. The purchase price for the assets was approximately $5.7M. The acquisition is expected to be immediately accretive to earnings per share. |
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