Transactions

Gippsland Motor Group – sale to Motus Corporation

Miles Advisory Partners acted as advisor to the shareholders of Gippsland Motor Group on the sale of their business to Motus Corporation.

Transaction Details

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Sector
Consumer
Miles Role

Sell-side advisor to the shareholders of Gippsland Motor Group

Deal Type

Business Divestments

Year Completed

2017

Contacts for this Transaction
Lloyd Way
Managing Director
Contact Lloyd Way

Overview

  • Gippsland Motor Group (trading as SWT Group Pty Ltd) is a multi-franchise motor vehicle dealership group headquartered in Traralgon, Victoria, with 12 dealerships across Traralgon, Leongatha, and Morwell (at time of transaction)
  • The group’s franchise portfolio spans passenger, commercial and luxury vehicle segments, representing brands including Mazda, Mitsubishi, GMSV, Suzuki, Volkswagen, Subaru, Peugeot, Mercedes-Benz, Land Rover, Jaguar, and Isuzu Ute
  • Motus Corporation — South Africa’s largest automotive retail and related services group was at the time a subsidiary of Imperial Holdings, and which subsequently listed on the Johannesburg Stock Exchange as Motus Holdings Ltd — acquired Gippsland Motor Group as its first major entry into the Australian motor retail market, establishing an immediate regional platform in Victoria
  • The acquisition provided Motus with an established customer base, strong OEM relationships and an experienced local management team, giving the group a foundation from which to build its broader Australian dealership network
  • The transaction was cross-border in nature, with Miles working closely with the South African acquirer to navigate the Australian regulatory and commercial environment