---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-043146"
form_type: "8-K"
ticker: "CVCO"
cik: "0000278166"
company_name: "CAVCO INDUSTRIES, INC."
filed_at: "2025-09-30T23:59:59+00:00"
generated_at: "2026-05-17T05:19:48.816057+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cavco completes $190M cash acquisition of manufactured home builder American Homestar

## Summary
- Purchase price $190M, subject to customary post-closing adjustments; funded with cash on hand.
- American Homestar shareholders received $20.62 per share in cash; shares vested at closing.
- American Homestar (Oak Creek Homes) operates two plants, 19 retail locations, and writes limited home loans.
- Deal closed September 29, 2025, following HSR clearance; management cites cultural and strategic fit.

## SEC filing metadata
- accession: 0001628280-25-043146
- form_type: 8-K
- ticker: CVCO
- cik: 0000278166
- company_name: CAVCO INDUSTRIES, INC.
- filed_at: 2025-09-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/278166/000162828025043146/0001628280-25-043146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/278166/000162828025043146/cvco-20250929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-043146
- JSON: https://secwatch.observer/filing/0001628280-25-043146.json
- Plain text: https://secwatch.observer/filing/0001628280-25-043146.txt

## Key facts
- M&A Transactions
  CAVCO INDUSTRIES, INC. completed an acquisition involving American Homestar Corporation for $20.62 per share in cash (closed 2025-09-29).
  - Action: acquisition
  - Counterparty: American Homestar Corporation
  - Consideration: $20.62 per share in cash
  - Closing: 2025-09-29
  source text: held in treasury by American Homestar or owned by the Company, Merger Sub, or their respective subsidiaries), was automatically cancelled and converted into the right to receive $20.62 per share in cash; and (ii) each restricted share of Common Stock outstanding immediately prior to the Effective Time vested in full, all restrictions lapsed, and such shares were
  evidence_url: https://www.sec.gov/Archives/edgar/data/278166/000162828025043146/0001628280-25-043146-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.