Champion Homes (NYSE: SKY) to Acquire Iseman Homes

Champion Retail Housing, a subsidiary of Champion Homes, Inc. (SKY) (together, “Champion” or the “Company”) today announced that it has entered into a definitive agreement to acquire Iseman Homes, Inc. and certain affiliated companies (“Iseman Homes”) including its 10 retail sales centers in the Dakotas, Minnesota, Montana, Nebraska and Wyoming. This acquisition enhances Champion’s ability to strengthen distribution from its nearby manufacturing facilities, furthering the Company’s commitment to integrated growth.

“We are excited to welcome the Iseman Homes team to the Champion family,” said Tim Larson, President and Chief Executive Officer of Champion Homes. “Iseman has been a valued retail customer of Champion for many years. This acquisition underscores our long-term strategy to expand our retail footprint, deliver timely, market-relevant products and elevate the homebuying experience for our customers.”

Iseman Homes has operated successfully for years as an independent retailer, generating approximately $40 million in annual revenue. Its experienced management team will stay on, working closely with Champion to drive business growth. By aligning Iseman’s strong local presence with Champion’s captive retail best practices, the combined organization aims to deliver more seamless product integration and operational efficiencies.

“Our experienced retail team is excited to join Champion,” said Ken Ward, President of Iseman Homes. “We share a commitment to customer service and innovation and are excited to contribute to Champion’s mission of advancing offsite construction and improving access to high-quality, affordable housing.”