Tourism Holdings picks up KEA motorhome licence in Australia, former agent ceases trading

Fri, 15 Jun 2012

June 15 (BusinessDesk) – Tourism Holdings, the NZX-listed campervan rental company, has acquired the KEA Rentals and Sales Motorhome brands in Australia from KEA New Zealand for an undisclosed sum. The purchase will add about 5 percent to THL’s Australian fleet of about 1,450 vehicles and the price was below the level required to be disclosed under NZX rules, chief executive Grant Webster said. The previous agents for KEA Australia have ceased trading and appointed liquidators for their business. Webster said the circumstances of the sale me...

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