Turners Automotive Group - M&A Summary and Business Overview

Financial ServicesCompany

Turners Automotive Group M&A Summary

Turners Automotive Group has acquired 3 companies.

Turners Automotive Group’s largest acquisition to date was in 2016, when it acquired Autosure New Zealand for $24M. The Company’s most targeted sectors include retail (34%) and financial services (34%).

Turners Automotive Group Business Overview

Where is Turners Automotive Group headquartered?

Turners Automotive Group is headquartered in Auckland, New Zealand.

What is Turners Automotive Group’s revenue?

Turners Automotive Group disclosed revenue of 283M NZD for 2022 and 238M NZD for 2021.

How many employees does Turners Automotive Group have?

Turners Automotive Group has 700 employees.

What sector is Turners Automotive Group in?

Turners Automotive Group is a financial services company.

When was Turners Automotive Group founded?

Turners Automotive Group was founded in 1984.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Turners Automotive Group

Turners Automotive Group Ltd.

70 Shortland Street Level 5,
Auckland, 1140
New Zealand,
+64 8 0010 0601
www.turnerslimited.co.nz

Turners Automotive Group is a New Zealand owned and operated company listed on the NZX and has been providing finance and insurance products for over 30 years. Company operates in two broad markets: used vehicles and commercial goods. Products are sold on behalf of vendors. Turners Automotive Group was founded in 1984 and is based in Auckland, New Zealand.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $40M $40M
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Autosure New Zealand Ltd. 2016-11-21 24M AUD Divestiture
Auckland, New Zealand · www.autosure.co.nz
Buy Right Cars Ltd. 2016-07-12 11M AUD Add-on Acquisition
Manukau, New Zealand · www.buyrightcars.co.nz
Southern Finance Ltd. 2015-07-30 5M USD Add-on Acquisition
Christchurch, New Zealand · www.sfl.co.nz
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 1 (33%) 5M (12%) - -
Insurance 1 (33%) 24M (60%) - -
Retail 1 (33%) 11M (27%) - -
Total 3 $40M - -

By Geo

State/Country Buy Value Sell Value
New Zealand 3 40M - -
Total 3 $40M - -

Deal Values

buy # Total
< $100M 3 $40M
TOTAL $40M
Largest Autosure New Zealand Ltd.
$24M (2016-11-21)

M&A Connections

Deals
Acquired from
Strategic(s)
33%
1 (33%)

Company Summary

SECTOR

Financial Services

Revenue

283   19% 2022
238   11% 2021
266   68% 2020
159   44% 2019
279   77% 2018
158   2017
(millions of NZD) Show More Show Less

Employees

700

Established

1984

Public

Australia (ASX): TRA

Former Name

Turners Ltd. (Dorchester Pacific Ltd.)

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Financial Services Companies , New Zealand Companies

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