Hellaby adds $20 million in annual sales with NZ Trucks, Dasko acquisitions

Mon, 14 Apr 2014

By Suze Metherell April 14 (BusinessDesk) – Hellaby Holdings, whose interests range from footwear to oil and gas services, expects to add $20 million to annual revenue after buying New Zealand Trucks South Island and Dasko Marketing NZ. The Auckland-based investor paid “less than $10 million” for the auto-related companies and expects they will deliver a combined $2.5 million boost to yearly earnings before interest, tax, depreciation and amortisation, it said in a statement. New Zealand Trucks is a Christchurch-based truck servicing busine...

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