Auto group Bapcor in turmoil after profit warning
ASX-listed Bapcor’s New Zealand portfolio includes the Midas and Battery Town brands, as well as wholesale channels.
Bapcor has 1100 sites in Australia and New Zealand
ASX-listed Bapcor, which operates retail and wholesale automotive brands on both sides of the Tasman, has had close to A$500 million ($546m) wiped off its sharemarket value this week after a gloomy update and the exit of directors.
Bapcor shares plunged 28% in late trading on the ASX on Thursday
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