Patrick Industries Inc. has maintained its fast pace of acquisitions and acquired Alpha Systems LLC, a manufacturer of thermoplastic polyolefin membrane roofs for RVs and other plastics for RVs.
Conditions were not disclosed. Alpha, which also has rotary blow molding and injection molding techniques, had sales of $ 158 million for the 12 month period ended March 31, Patrick Industries said when it announced the completion of the acquisition.
Both companies are based in the RV manufacturing center of Elkhart, Ind.
“We are delighted to be working with David Smith and the Alpha team, whose premium brand offers both new product entry points into the end markets we serve and the opportunity to further strengthen our competitive advantage by leveraging Alpha’s capabilities and advanced technology extensive R&D capabilities, “said Andy Nemeth, Patrick’s President and CEO, in a May 3 press release.
Beyond its TPO roofs. Alpha Rotary and Blow Molding RV Storage Tanks; Injection-molded shutters, vents, skylights and other custom products; and manufactures adhesives and tapes.
“Alpha’s broad product range increases the size and complements our current portfolio offering with screw-on product line extensions,” said Nemeth in the press release. “In addition, their local presence and well-respected sales and marketing team provide opportunities to expand our aftermarket presence and our platform, brand and sales network.