CARe – MotorOne Autobody

CARe Autobody Pty Ltd (CARe) proposes to acquire 100% of the issued share capital in MotorOne Autobody Pty Ltd (MotorOne Autobody) (the Acquisition).

CARe is an Australian supplier of motor vehicle collision repair services. CARe operates a total of 18 repair sites across Australia with 5 sites in Queensland, 7 sites in Victoria, 3 sites in New South Wales, 2 sites in Tasmania and 1 site in South Australia.

MotorOne Autobody is an Australian supplier of motor vehicle collision repair services and a business division of the MotorOne Group which is an Australian supplier of motor vehicle aftercare products and services. MotorOne Autobody operates a total of 20 repair sites in Australia with 8 sites in Queensland, 11 sites in Victoria and 1 site in New South Wales.

Both CARe and MotorOne Autobody supply motor vehicle collision repair services to insurers and direct to vehicle owners without an insurance claim.