Cavco Industries to acquire American Homestar for $190m.

Cavco Industries, a factory-built housing products designer and producer, agreed to acquire American Homestar, a factory-built housing company, for $190m. "As we enter this exciting new alliance with Cavco, we know this combination is a perfect cultural fit and that our people will be part of a dynamic, growing company, well positioned to compete in an ever-changing environment," Dwayne Teeter, American Homestar President and CEO.