Key investment highlights
1
Diversified (non-manufacturing) business in the automotive sector with a leading position
in South Africa, a selected international presence primarily in the United Kingdom (UK) and Australia, as well as a limited presence in South East Asia and Southern and East Africa.
2
Fully integrated business model across the vehicle value chain: Import and Distribution, Retail and Rental, Financial Services and Aftermarket Parts.
3
Unrivalled scale in South Africa underpins a differentiated value proposition to Original
Equipment Manufacturers (OEMs), suppliers, customers and business partners, providing
multiple customer touch points supporting resilience and customer loyalty through the
entire vehicle ownership cycle.
4
High free cash flow generation by annuity income streams in our Financial
Services business.
5
Income streams not directly dependent on new vehicle sales: Parts and services in
the dealerships, the Aftermarket Parts business selling parts and accessories and the
Financial Services business selling value-added products and services to customers
other than new vehicle buyers.
6
Defined organic growth trajectory through portfolio optimisation, continuous operational
enhancements and innovation, with a selective acquisition growth strategy in and
outside South Africa leveraging best-in-class expertise.
7
Highly experienced management team, with deep industry knowledge of regional
and global markets and a proven track record with years of collective experience,
with an independent and diversified board.
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