Category: Strategic Investment
Client: Centrecorp Aboriginal Investment Corporation
Timeline:1989 to 1993 and 1996 to present

Initial Brief

  • Centrecorp Aboriginal Investment Corporation retain a substantial investment in the Peter Kittle Toyota Group of companies. The Group now have 4 dealerships in Alice Springs, Tennant Creek, Adelaide and Port Lincoln.
  • MLCS were initially engaged to raise equity “finance” and negotiate a joint venture for the acquisition of 50% of the Peter Kittle Toyota operation in Alice Springs in 1989.
Highlights
  • In 1993, MLCS conducted a review of the potential expansion of the Toyota franchise's Central Australian operations, by way of acquiring another Toyota franchise.

  • In 2010 MLCS assisted in further expansion into the northern suburbs of Adelaide and Port Lincoln.

  • Retained as an advisor to the investors.