According to rvbusiness, Phoenix-based Cavco Industries, Inc. has acquired Chariot Eagle, Inc. of Ocala, Florida, a manufacturer of Park Model recreational vehicles (RVs) and manufactured homes. This will add to Cavco’s current line of park model RVs, and extend the company’s each into the southeastern U. S.
Cavco’s CEO and President, Joseph Stegmayer, says, “We are pleased to have the opportunity to bring aboard entrepreneur Bob Holliday and his team of highly experienced people and to integrate the strong Chariot Eagle brand and family of product offerings with our own growing business. We have been patient in seeking additional growth opportunities for our park model RV and cabin businesses and believe that this acquisition will be a positive long-term strategic move for Cavco and our customers.”
Holliday, who has developed a following for 30 years, will continue to serve as president, and the Chariot Eagle brand name will also continue. MHProNews was not immediately able to determine the purchase price. Cavco is one of the largest producers of off-site homes and buildings in the U. S. Forbes Magazine named it to the list of “America’s Best Small Companies 2014.” ##
(Photo credit: Chariot Eagle-manufactured home)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.