After three years of accelerated growth in Southeast Queensland, the company trading as Brisbane Motorcycles has found its parallel twin in NSW, acquiring Sydney City Motorcycles for an undisclosed sum.
From a backs-to-the-wall position five years ago when the Queensland dealership faced the prospect of being swallowed up by one of the country's largest players, Brisbane Motorcycles' parent company Motorcycle Trading has now doubled its store footprint size to six following the latest deal.
Led by owner and managing director James Mutton, the group expanded its dealership base of Windsor and Caboolture last year to Ipswich west of Brisbane, while the latest purchase gives the group a footprint in Lane Cove, Caringbah and Campbelltown. The deal is reportedly seven-figure, funded by a mix of debt and cash generated during the pandemic bike boom.
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