Cavco Industries Announces Planned Acquisition of Manufactured and Modular Home Builder the Commodore Corporation
Retrieved on:
Monday, July 26, 2021
Commodore is the largest independent builder of manufactured and modular housing in the United States, operating under a variety of brand names such as Commodore Homes of Pennsylvania, Commodore Homes of Indiana, Colony Homes, MidCountry Homes, Pennwest Homes and R-Anell Homes.
Key Points:
- Commodore is the largest independent builder of manufactured and modular housing in the United States, operating under a variety of brand names such as Commodore Homes of Pennsylvania, Commodore Homes of Indiana, Colony Homes, MidCountry Homes, Pennwest Homes and R-Anell Homes.
- In addition to manufacturing, Commodore also participates in commercial lending operations with its dealers that Cavco will also acquire and continue the existing programs.
- Bill Boor, Cavco President and Chief Executive Officer, said, During the acquisition process, we have developed a tremendous respect for what has been accomplished at Commodore under Barry Sheins leadership.
- In addition to approaches Cavco can bring to the Commodore operations, Commodore has developed and implemented advanced manufacturing technologies that will lead to significant improvements to the Cavco operations.