Armstrong’s CEO not threatened by EVs and agency sales
Car dealer investigates potential NZX and ASX listing to provide capital for M&A.
Will Mace
Tue, 09 Nov 2021
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Car dealer group Armstrong’s wants to use funds from a potential IPO to force consolidation in New Zealand’s fragmented market, and the rise of electric vehicles and car maker-to-consumer sales won’t slow it down.
The company, founded in 1993 by Rick Armstrong, announced this morning it
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Will Mace
Tue, 09 Nov 2021
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
