Cavco Industries completed the acquisition of Commodore for $153m.

Cavco Industries, a provider of systems-built structures, completed the acquisition of Commodore, the largest independent builder of manufactured and modular housing in the United States, for $153m. "During the acquisition process, we have developed a tremendous respect for what has been accomplished at Commodore under Barry Shein’s leadership. Their reputation for quality, design, customer relationships, and integrity is very consistent with Cavco’s philosophy and approach to doing business. We are extremely excited to work with the Commodore leadership and employees as we leverage best practices and technologies across the combined manufacturing network. Commodore’s market presence is a strategic extension of our current footprint, providing a platform for additional growth in the Northeast," Bill Boor, Cavco President and CEO.