Clayton Homes Makes a new Acquisition

Jim Clayton, David Doyle and Kevin Clayton. Credit: Doyle Mobile Homes.

Clayton Homes, a subsidiary of Warren Buffett’s Berkshire Hathaway (BRK/A) has acquired Flemingsburg, Kentucky based manufactured home retailer Doyle Mobile Homes. Terms of the deal were not disclosed.

Clayton Homes will turn Doyle Mobile Homes into a Clayton Home Center, and current owner David Doyle will remain with the operation as general manager.

I’ve known David Doyle and his family my entire career,” said Kevin Clayton, CEO of Clayton Homes. “We are so fortunate they have decided to join Clayton Homes. Their home center was inducted into the Hall of Fame in 2001 and their home center is achieving a 98 percent Customer Service Index score, which has rarely ever been done.

Brothers and World War II veterans, Russell and Adrian Doyle, founded Doyle Mobile Homes in 1962. For the past 30 years, the company has been an exclusive Clayton homes distributor and was recognized as a 2001 CMH Hall of Fame sales center, making it the fourth business to be given this recognition.

The CMH select designation is bestowed on those retailers/builders that exemplify a level of excellence in service and a long time commitment to Clayton Built manufacturing.

We’re thrilled to join the Clayton family,” said David Doyle. “We’ve been selling Clayton homes in this community for a long time, and we’re going to continue to do so while maintaining our commitment to customer service. Flemingsburg is a tight-knit community of just over 3,000 people and we plan on remaining a vital business to the families of this area.

Credits: Clayton Homes, Doyle Mobile Homes.

Clayton Homes is part of one of the industry-connected stocks monitored each business day, here on the MH Industry’s leading professional news resource, the Daily Business News, on MHProNews.

Credit: Clayton Homes.

For the most recent closing numbers on all Berkshire Hathaway and all MH industry-connected tracked stocks, please click here. ##

(Image credits are as shown above.)

RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.


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