Processing timeline
27
days
Filed
31 July 2026
Acquirer(s)
GTOWN MOTORS PTY LTD ABN - 49 696 167 996
Target(s) or Vendor(s)
KEN CASSON MOTORS PTY. LIMITED ABN - 32 003 933 695
Other parties
HOUMA HOLDINGS PTY LTD ABN - 44 002 590 758, GRAFTON MOTOR GROUP PTY LTD ABN - 61 107 107 559
GTown Motors Pty Limited, a subsidiary of Grafton Motor Group Pty Ltd (majority-owned by Houma Holdings Pty Ltd), proposes to acquire the Grafton Mazda business from Ken Casson Motors Pty Ltd. This transaction involves the acquisition of a motor vehicle dealership business in Grafton, New South Wales.
GTown Motors Pty Limited ( GTown Motors ) is a wholly owned subsidiary of Grafton Motor Group Pty Ltd ( GMG ). Houma Holdings Pty Ltd ( Houma ) is a majority (80%) shareholder of the shares in GMG. The remaining 20% are owned by Robert John Connell, an unrelated third party. Houma is the majority shareholder of several new and used motor vehicle dealerships within NSW and QLD. GMG operates a new and used motor vehicle dealership in Grafton NSW known as Grafton Motors. The dealership represents 3 vehicle brands, being Toyota, Suzuki and Hyundai. Ken Casson Motors Pty Ltd ( Ken Casson Motors ) operates a motor vehicle dealership in Grafton NSW known as Grafton Mazda, supplying new Mazda vehicles, as well as used motor vehicles. Ken Casson Motors also has an arrangement with Holden Australia for the supply of Holden parts. GMG, through GTown Motors, proposes to acquire the Grafton Mazda business.