Lci Industries 8-K, filed Nov 14, 2022
Lci Industries (LCII)
8-K
2022-11-14
For: 2022-11-14
View Original
Added on
April 10, 2026
About this 8-K
Lci Industries filed this 8-K on November 14, 2022.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 14, 2022
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
a. Reference is made to the press release dated November 14, 2022, the text of which is attached hereto as Exhibit 99.1, for a description of the events reported pursuant to this Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit Index:
99.1 Press Release dated November 14, 2022
104 Cover Page Interactive Date File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
LCI INDUSTRIES | |||||
(Registrant) | |||||
By: /s/ Brian M. Hall Brian M. Hall Chief Financial Officer | |||||
| Dated: | November 14, 2022 | ||||
Exhibit 99.1
FOR IMMEDIATE RELEASE |  | |||||||
Contact: Brian Hall, CFO | ||||||||
Phone: (574) 535-1125 | ||||||||
E Mail: LCII@lci1.com | ||||||||
LIPPERT ACQUIRES WAY INTERGLOBAL NETWORK LLC
Elkhart, Indiana – November 14, 2022 - LCI Industries (NYSE: LCII) through its wholly-owned subsidiary, Lippert Components, Inc. (“Lippert”) which supplies a broad array of highly engineered components for the leading original equipment manufacturers (“OEMs”) in the recreation and transportation product markets, and the related aftermarkets of those industries, today announced that its subsidiary, Furrion LLC, has acquired substantially all of the business assets of Way Interglobal Network LLC (“Way”). Way, headquartered in Elkhart, Indiana, designs, develops, and supplies innovative appliances and electronics to the RV Industry. The acquisition does not include Way’s current power generator assets and operations.
The acquisition of Way and its Everchill and Greystone brands adds strength to Lippert’s already robust Furrion line of RV appliances and electronics. Acquired in 2021, Furrion is a leading brand in the RV and outdoor living space, manufacturing an array of products from kitchen appliances, heating and cooling, vehicle observation systems and outdoor televisions. The acquisition of Way gives Lippert additional North American R&D capabilities alongside its Hong Kong and Arizona R&D teams in the appliance and HVAC space. The acquisition also gives Lippert a combined 1.6 million square feet in appliance warehousing space. The Way brand will not be carried forward after the acquisition; however, the Everchill and Greystone brands will be added to Lippert’s portfolio of appliance offerings.
“With the addition of Way Interglobal and its associated brands to our core lineup of products, Lippert has now become one of the largest and most innovative appliance suppliers in the RV Industry,” said Ryan Smith, Group President of Lippert’s North American OEM businesses. Continued Smith, “Lippert will continue to push forward with innovation in this space with our combined resources, developing the products and solutions that our industry needs as we closely follow the ongoing trends of our markets.”
About LCI Industries
LCI Industries, through its wholly-owned subsidiary, Lippert, manufactures and supplies, domestically and internationally, a broad array of highly engineered components for the leading OEMs in the recreation and transportation product markets, consisting primarily of recreational vehicles and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; trucks; boats; trains; manufactured homes; and modular housing. The Company also supplies engineered components to the related aftermarkets of these industries, primarily by selling to retail dealers, wholesale distributors, and service centers. Lippert's products include steel chassis and related components; axles and suspension solutions; slide-out mechanisms and solutions; thermoformed bath, kitchen, and other products; vinyl, aluminum, and frameless windows; manual, electric, and hydraulic stabilizer and leveling systems; entry, luggage, patio, and ramp doors; furniture and mattresses; electric and manual entry steps; awnings and awning accessories; towing products; truck accessories; electronic components; appliances; air conditioners; televisions and sound systems; tankless water heaters; and other accessories. Additional information about Lippert and its products can be found at www.lippert.com.
Source: LCI Industries
Brian Hall, CFO, (574) 535-1125, LCII@lci1.com
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