Cavco Industries Completes Asset Disposition

TL;DR

CVCO just sold some assets, details to follow.

AI Summary

On September 29, 2025, CAVCO INDUSTRIES, INC. (CVCO) filed an 8-K to report the completion of an acquisition. The filing indicates that the company has completed a disposition of assets, though specific details regarding the acquired or disposed assets, counterparties, and financial impact are not yet detailed in this initial report.

Why It Matters

This filing signals a significant corporate action by Cavco Industries, potentially altering its asset base and strategic focus.

Risk Assessment

Risk Level: medium — The completion of an acquisition or disposition of assets can introduce significant financial and operational risks depending on the nature and scale of the transaction.

Key Players & Entities

• CAVCO INDUSTRIES, INC. (company) — Registrant
• CVCO (company) — Ticker Symbol
• September 29, 2025 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• 3636 North Central Avenue, Suite 1200 Phoenix Arizona 85012 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 CVCO The Nasdaq Stock Market LLC (Nasd
• $20.62 — and converted into the right to receive $20.62 per share in cash; and (ii) each restri

Filing Documents

• cvco-20250929.htm (8-K) — 35KB
• cvco-20250930xex991homesta.htm (EX-99.1) — 11KB
• image_0.jpg (GRAPHIC) — 11KB
• 0001628280-25-043146.txt ( ) — 195KB
• cvco-20250929.xsd (EX-101.SCH) — 2KB
• cvco-20250929_def.xml (EX-101.DEF) — 3KB
• cvco-20250929_lab.xml (EX-101.LAB) — 24KB
• cvco-20250929_pre.xml (EX-101.PRE) — 15KB
• cvco-20250929_htm.xml (XML) — 3KB

01 Completion of Acquisition or Disposition of Assets

Item 2.01 Completion of Acquisition or Disposition of Assets On September 29, 2025, Cavco Industries, Inc., a Delaware corporation (the "Company"), completed the acquisition of American Homestar Corporation, a Texas corporation ("American Homestar"), pursuant to the previously announced Agreement and Plan of Merger, dated as of July 14, 2025 (the "Merger Agreement"), by and among the Company, American Homestar, Cavco Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of the Company ("Merger Sub"), and Craig Reynolds, solely in his capacity as representative of the shareholders of American Homestar. Under the terms of the Merger Agreement, Merger Sub merged with and into American Homestar, with American Homestar continuing as the surviving corporation and becoming a wholly owned subsidiary of the Company (the "Merger"). The closing of the Merger followed the receipt of all required regulatory approvals, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act. At the effective time of the Merger (the "Effective Time"): (i) each share of Class A common stock of American Homestar, par value $0.01 per share ("Common Stock"), issued and outstanding immediately prior to the Effective Time (other than shares 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 treated as Common Stock entitled to receive $20.62 per share in cash. The cash consideration payable to American Homestar shareholders in the Merger is subject to customary post-closing adjustments, including adjustments for indebtedness, working capital, and other items as set forth in the Merger Agreement. The foregoing summary of the Merger Agreement and the transa

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure On September 30, 2025, the Company issued a press release announcing the completion of the Merger. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information contained in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. Cautionary Note Regarding Forward-Looking Statements This Current Report on Form 8-K contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on current expectations, estimates, and projections about the Company's business, and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those expressed or implied by such statements. Forward-looking statements are generally identified by words such as "may," "will," "expect," "intend," "plan," "estimate," "anticipate," "believe," "continue," or similar expressions, although not all forward-looking statements contain these words. Forward-looking statements in this Current Report include, but are not limited to, statements regarding the anticipated benefits of the acquisition, the impact of the transaction on the Company's business, operations, and financial results, and any other statements regarding events or developments that the Company expects or anticipates will occur in the future. Important factors that could cause actual results or events to differ mate

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits Exhibit Number Description 10.1* Agreement and Plan of Merger, dated July 14, 2025, by and among Cavco Industries, Inc., Cavco Merger Sub, Inc., American Homestar, Inc., and Craig Reynolds, solely in his capacity as representative of the shareholders (incorporated by reference to Exhibit 10.1 to the Current Report on 8-K filed by the Company with the SEC on July 14, 2025). 99.1 ** Press Release, dated September 30 , 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The registrant agrees to furnish supplementally a copy of any omitted schedule or exhibit to the U.S. Securities and Exchange Commission upon request. ** Filed herewith.

SIGNATURES

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. CAVCO INDUSTRIES, INC. By: /s/ Seth Schuknecht Seth Schuknecht Executive Vice President, General Counsel, Chief Compliance Officer & Corporate Secretary Date: September 30, 2025

View Full Filing

View this 8-K filing on SEC EDGAR