Arran Isle Limited has sold LaSalle Bristol, LP to Patrick Industries, Inc.
Arran Isle Limited has sold LaSalle Bristol, LP to Patrick Industries, Inc. (NasdaqGS: PATK) for US$54 million.
LaSalle Bristol, the North American operations of Arran Isle, is a premier supplier of value-added plumbing, flooring, HVAC, exterior, lighting and other products tailored to the manufactured housing (MH) and recreational vehicle (RV) markets. Additionally, the company operates a retail flooring outlet. It distributes its products through a network of facilities in the United States.
Patrick, with revenues of over US$2 billion, is a major manufacturer and distributor of building products serving the RV, marine, MH and other industrial markets.
Arran Isle is a UK-based designer, marketer and distributor of branded building products for the architectural and fenestration hardware markets. The company serves housing, commercial building, health, education, and RV industries in North America, the United Arab Emirates, Europe, the Middle East, China and internationally.
One of Oaklins’ teams in the USA served as the exclusive financial advisor to Arran Isle Limited in this transaction.
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Martin Wardhaugh
Group Chief Executive, Arran Isle Limited
Talk to the deal team
Paul R. Smolevitz
Oaklins TM Capital
David M. Felts
Oaklins TM Capital
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