LCI acquires Lavet.

LCI Industries, which through its wholly-owned subsidiary, Lippert Components, acquires Lavet, a leading window blind system manufacturer. Financial terms were not disclosed. The acquisition of Lavet allows LCI to expand its product portfolio in key, in-demand categories for LCI’s customers and take advantage of synergies between the companies. LCI and Lavet have worked closely with one another for years to service the OEMs of European leisure vehicles, which has helped LCI gain valuable insight into Lavet’s strong management team and product offerings. “We are delighted to have succeeded in bringing Lavet into LCI’s European RV family. The experience and professionalism of Lavet’s Managing Director, Maurizio Pieramici, together with the solidity and dynamism of LCI’s European RV division team, will be the engine to innovate and strengthen this product category for LCI’s European RV division in the years to come.” Michele Checcucci, LCI CEO.