COVID-19: My Vaccine Pass

A friendly reminder that in the interest of keeping our clients, our people and our communities safe from COVID-19, you will be required to present your My Vaccine Pass when visiting our offices in Auckland, Christchurch and Queenstown. Ngā mihi nui.
Our Auckland based mergers and acquisitions team recently advised Buy Right Cars Group, a major motor vehicle importer and dealer network, on its sale to NZX-listed Turners.

Buy Right Cars was established 18 years ago and has grown to become one of the largest players in the marketplace.  It operates from eight sites Auckland wide with a fully equipped mechanical and importation compliance workshop based in South Auckland.

The purchase price for the transaction comprises a cash payment, payment for acquired stock, the issue of shares in Turners and earn out payments if certain performance targets are met.

The Turners CEO, Todd Hunter, has advised that Buy Right Cars will be run as a stand-alone business going forward, with the current management team and all staff being retained.  He expects the business to achieve earnings before interest and tax in excess of $4 million in its first year of Turners ownership, with profit increases expected thereafter.  He also stated that the acquisition will provide valuable synergies with the existing finance and insurance businesses owned by Turners.

The Wynn Williams team was led by Ash Hill and Nick Kovacevich.

To read more about the sale and purchase, please follow the links below:
Share this page on social media:

Enter security code:
 Security code


Wynn Williams Client Toolkit

This page is best viewed in an up-to-date web browser with stylesheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so. The latest version of Firefox, Safari or Google Chrome will work best if you're after a new browser.