NEW YORK: Champion Homes, Inc. (NYSE: SKY) announced it has entered into a definitive agreement to acquire the assets of Timberline Homes, Inc., a manufactured and modular home retailer with nine locations across Alabama, Mississippi and Florida.

Terms of the deal were not disclosed. The acquisition is subject to customary closing conditions and is expected to close in Champion’s fourth quarter of fiscal year 2027. All Timberline employees will be offered employment by Champion following the completion of the transaction.

The nine Timberline retail locations align closely with Champion’s manufacturing and distribution presence in the Southeastern U.S., the company said. Champion operates 46 manufacturing facilities throughout the United States and western Canada and a factory-direct retail business with 95 locations across the U.S.

“Timberline Homes is a great fit to join the Champion Homes team and reflects the thoughtful expansion that Dennis Adams led as Founder and President of Timberline,” said Tim Larson, president and chief executive officer of Champion Homes. “This planned acquisition underscores our strategic focus to elevate the homebuying experience for our customers by expanding our retail footprint in the region.”

Timberline offers customers support through permitting, financing, home selection and site preparation.

“Champion is an excellent long-term partner for Timberline, and I am confident we will thrive as a part of their family of brands,” said Dennis Adams, president of Timberline Homes, Inc. “The Timberline and Champion teams share a customer-centric approach, which will help ensure a smooth transition for employees.”

Champion Homes, based in North America, employs approximately 9,200 people and has more than 70 years of homebuilding experience. In addition to its core home building business, the company provides construction services to install and set up factory-built homes and operates Star Fleet Trucking, a transportation services provider.