Tuesday, 22 January 2008

Autodom buys supplier

West Australian
17/01/2008 Page: 50

Autodom has bought Victoria's HPG Engineering & Associates Pty Ltd for $3.75 million, just days after it took a 50 per cent stake in Micro Wind Turbines Australia Pty Ltd. HPG is a first tier supplier to Holden and Ford and makes a range of components for use in the VE Holden Commodore, Ford BF and Orion series of vehicles, The deal will lift Autodom's automotive group annual revenue above $125 million.

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