The Brandt Group of Companies announced that it has reached an agreement to acquire the assets of Wairarapa Machinery Services, Masterton, New Zealand.
According to Brandt, Wairarapa Machinery has provided new and used farm and lawn care equipment since 1983. The acquisition will bring New Zealand’s North Island under one dealer brand, the company says, adding Wairarapa Machinery will continue with its same staff.
“Combining all of the Deere dealerships on the North Island under one banner is going to result in more comprehensive support for New Zealand farmers and contractors, now and in the future,” says Shaun Semple, CEO of Brandt.” We’re ready to roll up our sleeves and earn the loyalty of Wairarapa’s customers through a combination of premium products and services and a consistent, high-quality customer support experience.”
The agreement is subject to due diligence and customary closing conditions, Brandt says, and is expected to close on August 31, 2023.
Dealers on the Move is brought to you by Pinion.
Drive your dealership forward. Success starts with a clear financial roadmap. Gain insights to forecast with confidence, measure performance against industry benchmarks, and implement strategies that fuel long-term growth. With the right tools and expert guidance, you can make informed decisions to strengthen your operations and boost profitability.
Our team has walked in your shoes, holding leadership roles at major dealerships. From tax strategies to mergers and acquisitions, we leverage deep industry experience to help you navigate challenges and seize new opportunities for a stronger bottom line.
