Cavco completes $153M acquisition of The Commodore Corporation

CAVCO INDUSTRIES, INC.

Acquisition closed on September 24, 2021 via wholly-owned subsidiary Commodore Homes, LLC.
Purchase price of $153 million before post-closing adjustments; funded with cash on hand.
Commodore is largest independent U.S. builder of manufactured and modular homes.
Cavco CEO Bill Boor welcomed Commodore employees and cited strong brand reputation.

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