Automotive-parts maker LCI Industries said Jan. 7 that its subsidiary LCI Industries BV has completed its acquisition of Dutch window supplier Polyplastic Group BV.
Financial terms of the transaction were not disclosed.
Rotterdam, Netherlands-based Polyplastic supplies windows to the caravaning industry and attributes a portion of its sales to the European supermarket, trailer and e-mobility industries. The company generated approximately €55 million in revenue in the 12 months through September 2019, according to the release.
LCI Industries funded the transaction through borrowings under its revolving credit facility.