Now Polar Capital gets Jucy Rental

Now Polar Capital gets Jucy Rental
Brent Melville
The massive impact of covid-19 and border lockdowns on the operations of budget campervan and adventure company Jucy Group has led to the sale of its assets to Colin Neal's Polar Capital and investor and former Tourism Holdings director, David Cushing. The sale agreement, which saves 150 jobs at the firm, founded in 2001 by brothers Dan and Tim Alpe, excludes the businesses of Jucy Snooze, Jucy Cruise, its Your Drive, Lucky Rentals, and the US and UK Jucy businesses.As part of the sale agreement, Grant Graham and Neale Jackson of finan...

More Finance

Contractor accused of evading construction debts
Finance

Contractor accused of evading construction debts

TCL's liquidation hearing will occur Thursday in the High Court at Invercargill.

Vulcan Steel first half profit plunges
Finance

Vulcan Steel first half profit plunges

The company slashed its dividend. 

Staff reporters 11 Feb 2025
Roundable investor sceptical about app future
Finance

Roundable investor sceptical about app future

Roundable: ‘An ongoing game of empty promises.’

Garth Bray 11 Feb 2025
Previous owner wants to buy back Airwork Holdings
Finance

Previous owner wants to buy back Airwork Holdings

‘There’s some value [in Airwork], but each day it is diminishing.’

Denise McNabb 11 Feb 2025