Tourism Holdings expands manufacturing with $5.7m deal

Tue, 25 Jan 2022

Tourism Holdings has shifted up a gear in 2022 with a $5.7 million deal to expand its manufacturing footprint. The rental motorhome operator has agreed to buy the New Zealand business and assets of MaxiTRANS from Australian Trailer Solutions Group, which is expected to complete at the end of February. The deal’s conditional and the purchase price reflects the business’s net asset value, meaning it will be adjusted to reflect the net asset value on completion. The NZ MaxiTRANS heavy transport manufacturing business employs...

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