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11 Dec 2006, 09:29 (Ref:1787695)
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Veteran
Join Date: Aug 2004
Posts: 3,532
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Repco has new owners
The speculation is over: Repco has yet another set of owners & it is not SuperCheap.
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more torque than a climate change conference 
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11 Dec 2006, 09:33 (Ref:1787701)
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Veteran
Join Date: Feb 2003
Posts: 4,182
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Well come on then whom is the lucky company.
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__________________
2015 V8Supercar Champion #5 PDA Mark Frosty Winterbottom To Finish First, First you must Finish
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11 Dec 2006, 09:37 (Ref:1787705)
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#3 | ||
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Veteran
Join Date: Aug 2004
Posts: 3,532
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means nothing to me !!
CCMP Asia - private equity mob - I'd attach a link BUT I cant fly a 747 either.
GTR Magic needed to fill in the detail. |
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more torque than a climate change conference
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11 Dec 2006, 09:40 (Ref:1787712)
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#4 | ||
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Veteran
Join Date: Feb 2003
Posts: 4,182
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Another Aussie company going to OS owners.
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__________________
2015 V8Supercar Champion #5 PDA Mark Frosty Winterbottom To Finish First, First you must Finish
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11 Dec 2006, 09:42 (Ref:1787714)
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#5 | |
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Veteran
Join Date: May 2005
Posts: 947
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So they are trying to get the same result as Macquarie did out of the company. They are in a good position to do so.
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11 Dec 2006, 10:14 (Ref:1787750)
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#7 | ||
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Veteran
Join Date: Sep 2003
Posts: 4,373
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What did that cost them? Repco and what looks like might be a successful bid for Independent Liquor as well.
Private equity is an interesting game. Speaking to a knowledgeable source in the last few weeks, it is fair to say that private equity firms will ause a mini economy crash at some point when things go wrong. I sincerely hope that no follower of this forum - friend or foe - has investment or superannuation funds with any of the these funds as when the market crashes there will be some really good deals and some very burnt investors. Be interesting to see what happens to Repco's Supercar sponsorship....! |
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Tranquillity - What happens inside Shane's race car. Chaos - What happens outside Jamie's race car.
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11 Dec 2006, 10:57 (Ref:1787798)
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#8 | ||
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Veteran
Join Date: Jul 2004
Posts: 1,075
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What does this mean for GRM? Will they lose the Repco sponsership?
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__________________
GRM's #1 Supporter 2014 Bloody Volvo Drivers...
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11 Dec 2006, 11:03 (Ref:1787806)
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#9 | |||
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Veteran
Join Date: Feb 2003
Posts: 4,182
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Quote:
I hope things will remain as is for GRM sake. |
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__________________
2015 V8Supercar Champion #5 PDA Mark Frosty Winterbottom To Finish First, First you must Finish
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11 Dec 2006, 11:16 (Ref:1787818)
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#10 | ||
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Veteran
Join Date: Jan 2003
Posts: 6,387
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There is going to be on unhappy Taz around.
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__________________
Life is all about Ass. You're either covering it, kissing it, kicking it, laughing it off, busting it or trying to get a piece of it.
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11 Dec 2006, 12:32 (Ref:1787907)
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#11 | ||
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Veteran
Join Date: Nov 2003
Posts: 1,269
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GRM kept Repco even after the Pacific Dunlop sale.
This is a tragic fall from grace of the once great Repco. It all started with the sale of property on which the stores operated out of in the late 60's and early 70's. A sale to the Pacific Dunlop group, which gave it strategic alliances and many sales opportunities allowed it to blossom for a brief period. The sale of the Machine Shops from 1999-2006 (the last machine shop went in February) signified the death of the last link to the great Repco-Brabham alliance. The final nail was arguably the attempt to look into the "hip" market to compete with Supercheap, whilst neglecting the side of sales that arguably kept her afloat for so long, the Trade and allied trades sales. I hope the company my family has been associated with since 1954 is still around for my grand kids to see. But I cant see it. RIP Repco. |
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