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BAPCOR LIMITED — M&A Activity 2015
Jul 30, 2015
64494_rns_2015-07-30_d14facbc-1813-4a63-a1b5-4c9f1a7973a0.pdf
M&A Activity
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Burson Group Limited A.B.N 80 153 199 91261 Gower Street (PO Box 8251 Northland) Preston, Victoria, 3072 Australia Tel: + 61 3 9914 5555 Fax: + 61 3 9914 5544 www.burson.com.au
Burson Group Limited
(ASX: BAP)
ASX Release
31 July 2015
Completion of Acquisition of Metcash Automotive Holdings and Opposite Lock
Burson Group Limited ( Burson ) is pleased to advise that its acquisition of the entire issued share capital of Metcash Automotive Holdings Pty Ltd ( MAH ), as announced to the market on 15 June 2015, is now complete.
In addition, Burson confirms that further to its announcement dated 2 July 2015, the acquisition of the business and assets of Opposite Lock has been completed, and Burson is now the owner of the Opposite Lock business.
Metcash Automotive Holdings Pty Ltd has been renamed Aftermarket Network Australia Pty Ltd ( ANA ), effective immediately.
The completion of the ANA and Opposite Lock acquisitions represents a strategic expansion of Burson’s operations, and strengthens its position in the Australian automotive aftermarket industry.
-Ends
For further information, please contact:
Darryl Abotomey Managing Director and CEO +61 419 838 059 +61 3 9914 5555
Gregory Fox
Chief Financial Officer and Company Secretary +61 417 562 891 +61 3 9914 5555
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