Patrick Industries completed the acquisition of Tumacs Covers.

Patrick Industries, a manufacturer and distributor of component products and building materials, completed the acquisition of Tumacs Covers, a boat covers manufacturer. Financial terms were not disclosed. "Tumacs' unique quick-turn prototyping and customization capabilities and extensive collection of boat cover applications exude their meticulous craftsmanship and dedication to product excellence. Tumacs' reputation for custom boat covers helps support Patrick's full solutions business model in the marine OEM market and aftermarket and provides us with additional runway to further grow our position as a value-added component supplier to the marine industry. As with previous acquisitions, we will support Tumacs with a financial and operational foundation that will allow it to capitalize on its core competencies while preserving the entrepreneurial spirit that has been a key factor to its success," Andy Nemeth, Patrick Industries CEO.