CVCO Expands Portfolio with American Homestar Acquisition

Cavco Industries, Inc. (CVCO) has entered into a definitive agreement to acquire American Homestar Corporation and its subsidiaries for $190 million in cash. The deal will be fully funded from Cavco Industries’ cash on hand and is expected to close in the third quarter of fiscal year 2026.

President and CEO Bill Boor expressed deep respect for the achievements of Buck Teeter, Dwayne Teeter, and the entire American Homestar team throughout the acquisition process.