Patrick Industries (PATK) said Monday it has completed its acquisition of Medallion Instrumentation Systems, which provides instrumentation and electronics for marine, RV, powersports, on-highway and military markets.
Medallion's revenue last year was about $38 million, Patrick said.
Patrick said Medallion will keep operating under its existing brand name and current facility.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.