08:06 AM EDT, 05/27/2025 (MT Newswires) -- Champion Homes ( SKY ) said Tuesday it signed a deal to acquire Iseman Homes and its 10 sales centers in five states.

No financial details were disclosed.

The $40 million-a-year business will strengthen Champion's distribution in the Dakotas, Minnesota, Montana, Nebraska, and Wyoming, the company said.

Iseman's leadership team will remain in place and work with Champion to drive growth through tighter operational integration and improved service delivery, Champion said.

The transaction is expected to close by the end of Champion's fiscal first quarter on June 30, pending customary conditions.

Shares of the company were down 2% in recent Tuesday premarket activity.

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