Approved with conditions · Notification · Phase 1 · decided in 52 days, 3 Sept 2026
Peter Warren Automotive Holdings proposes to acquire Wakeling Automotive Group, including 100% of shares in Paul Wakeling Motor Group and Wollongong City Motors, plus the business and assets of Hurrikayne Pty Ltd. This transaction in the new and used car retailing industry involves Peter Warren acquiring 30 dealerships across New South Wales.
Peter Warren Automotive Holdings Ltd (Peter Warren) proposes to acquire: 100% of the shares of Paul Wakeling Motor Group Pty Ltd; 100% of the shares of Wollongong City Motors Pty Ltd; and the business and trading net assets of Hurrikayne Pty Ltd, relating to the Moss Vale Motor Group from Wakeling Automotive Group (Wakeling Automotive) (the Acquisition), as part of which Peter Warren will acquire 30 new and used car dealerships in New South Wales. Peter Warren is an ASX-listed new and used car retailing business that operates over 80 automotive dealership sites at 25 locations across the east coast of Australia. Peter Warren represents 30 Original Equipment Manufacturer (OEM) vehicle brands as an authorised dealer, and also supplies OEM spare parts and aftermarket vehicle servicing. Wakeling Automotive is a new and used car retailing business that operates 30 automotive dealership sites at 8 locations across Sydney, Wollongong and the Southern Highlands. Wakeling Automotive represents 16 OEM vehicle brands as an authorised dealer, and also supplies OEM spare parts and aftermarket vehicle servicing. Both Peter Warren and Wakeling Automotive supply new and used cars, OEM spare parts and aftermarket vehicle servicing in the Campbelltown/Narellan/Smeaton Grange suburbs of southern Sydney.