Cavco Industries, Inc. · NASDAQ:CVCO
Cavco Industries — Merger or Acquisition (July 2025)
6 slides from Cavco Industries's merger presentation, Jul 16, 2025
Slide 1: Planned Acquisition of the American Homestar Corporation
Planned Acquisition of the American Homestar Corporation July 16, 2025
Slide 2: Forward Looking Statements
Forward Looking Statements Certain statements contained in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. These forward-looking statements reflect
Slide 3: AHC Overview
AHC Overview Company Overview Key Statistics • American Homestar Corporation (“AHC”) is a • 1,676 homes produced in twelve months ended May 2025 privately held, vertically integrated factory-built • 2 manufacturing facilities housing manufacturer and retailer, with operations • 19 company-owned reta
Slide 4: AHC serves a strong growth market
AHC serves a strong growth market Manufacturing Facilities Overview Location Description Lancaster • 95,000 square feet • Focused on HUD code homes Fort Worth • 150,000 square feet • Focused on HUD code and modular code homes Company-owned Retail Texas Louisiana • Abilene • Lufkin • Lake Charles • A
Slide 5: AHC represents compelling strategic rationale
AHC represents compelling strategic rationale Enhancement of • Expands Cavco’s presence across Texas and surrounding areas Cavco’s Position in • Reinforces Cavco’s position in one of the country’s most important manufacturing housing South Central U.S. markets Added • Adds 2 manufacturing facilities
Slide 6: Executing on Our Capital Allocation Strategy
Strategic Deployment of Cash – Executing on Our Capital Allocation Strategy Sources & Uses of Cash Flow (1) Acq. Of American Homestar $184.0 • Strong operating cash generation Other Retail Acq. $15.0 has enabled: Acq. of Solitaire $105.7 • Continued investment in our Acq. of Commodore $145.6 facilit