Processing timeline
51
days
Filed
22 July 2026
Decision Due
TBC
Est decision date: 24 Aug 2026. Based on 90 decided Professional & Business Services notifications.
Acquirer(s)
MCCARROLL PROPERTY HOLDINGS PTY LTD ABN - 64 676 724 306, MAG SOUTH COAST PTY LTD ABN - 70 683 627 590
Target(s) or Vendor(s)
Donna Lea Buikstra Family Will Trust, COUNTRY MOTOR COMPANY PTY LTD ABN - 11 002 189 228, Glenn Ype Buikstra Family Will Trust, KINGHORN MOTORS PTY LTD ABN - 33 000 220 557, KJO PROPERTY PTY LTD ABN - 33 169 760 178
Other parties
MAG BODY CORP PTY LTD ABN - 93 676 724 495, MAG NORTHERN BEACHES PTY LTD ABN - 21 659 209 051, MCCARROLL'S OF MOSS VALE PTY LTD ABN - 60 003 411 210
McCarroll's of Moss Vale Pty Ltd, via MAG South Coast Pty Ltd and McCarroll Property Holdings Pty Ltd, proposes to acquire substantially all the assets of the motor vehicle dealership businesses of Kinghorn Motors Pty Ltd and Country Motor Company Pty Ltd. This asset acquisition also includes the land on which these dealerships operate.
McCarroll's of Moss Vale Pty Ltd ( McCarroll’s ) (via a special purpose vehicle, MAG South Coast Pty Ltd) proposes to acquire, through two separate and independent transactions, substantially all of the assets (being all the assets necessary for the operation of the business) of: the motor vehicle dealership business owned by Kinghorn Motors Pty Ltd ( KMG ) the motor vehicle dealership business owned by Country Motor Company Pty Ltd ( CMC ). As part of the same transactions, McCarroll's (via McCarroll Property Holdings Pty Ltd) proposes to acquire the land on which the KMG and CMC motor dealership businesses are operated. (together, the Acquisitions )