Grace Quigley
Manager External Comms •
Sydney
Media release: Clayton Utz advises ASX-listed MotorCycle Holdings Limited on acquisition of Peter Stevens Motorcycles and Harley Heaven
1 minute
Clayton Utz has advised MotorCycle Holdings Limited (ASX: MTO) on its acquisition of a large portfolio of Peter Stevens Motorcycles' and Harley Heaven's motorcycle dealerships together with their online businesses.
MTO acquired the businesses from the Administrators of the businesses, allowing continued operation of the dealerships across Australia and the entry of MTO into new markets of Perth and Adelaide.
Clayton Utz Corporate partner Stephanie Daveson led the firm's team with special counsel Lisa Tolhurst, alongside Restructuring and Finance partners, Maria O'Brien and Graeme Tucker.
Ms Daveson said it was a pleasure to continue to support MTO on this strategically important transaction. "MotorCycle Holdings operates as the nation's largest motorcycle retailer, and this acquisition further cements their position as leaders in the market as they continue to expand their shopfront and online retail capabilities," she said.
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Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.