AP Eagers (APE)

Shares / Stock Code

APE

Stock Exchange / Sharemarket

Australian Securities Exchange

A.P. Eagers (APE) is a holding company principally involved in the sale of new and used motor vehicles, the distribution of parts and accessories, and the provision of service, finance, leasing and extended warranty for motor vehicles. APE listed on the Australian stock Exchange on 25 May, 1972. Its key operations are located in the Brisbane metropolitan area of Queensland, Darwin in the Northern Territory and the Newcastle/ Hunter Valley region of New South Wales. The Group employed 2,000 staff, had 2,570 shareholders and sales revenue running at $1.5billion per annum as of March 1st, 2007. The Company is organized into two business segments: automotive franchised retail and property. AP Eagers completed the acquisition of Peter Dunn Investments Pty Ltd, Peter Robinson Investments Pty Ltd and Trevor Reading Investments Pty Ltd, which collectively owned PPT Investments Pty Ltd, trading as the Kloster Group, in the Newcastle and the Hunter Valley region of New South Wales on February 28, 2007. APE also holds stakes in Auto Group and MTQ Insurance Services Ltd.

APE provides its investors with a direct exposure to the vehicle distribution side of Australia's automotive industry. The spread of car makes sold by the APE Group guarantees at least some diversification of the risk that one manufacturer loses market share as compared to whole market. At present the leading brands in the company’s portfolio comprises Holden, Ford and Toyota dealerships.

AP Eagers History

APE origins can be traced back to 1913 when EG Eager & Son Pty Ltd commenced operations as a Brisbane-based automotive service and retail business established by Edward Eager and his son Frederick. In the following years this operation expanded into other Queensland centres. Eagers became the distributor of General Motor's products in Queensland and Northern New South Wales after establishing the State's first motor car assembly plant.

The business was integrated in Queensland as Eagers Holdings Ltd in 1957. In November 1992, a merger with A.P. Group Ltd which owned a number of new vehicle franchises was carried out. The Company was then renamed to A.P. Eagers Limited. Since then the Company has continued to expand with the addition of further motor vehicle franchises to it.

AP Eagers (APE) Products and Services

  • New and used motor vehicles
  • Spare parts
  • General automotive repairs

AP Eagers (APE) Locations and Subsidiaries

AP Eagers Head Office
80 McLachlan St
Fortitude Valley QLD 4006
Phone: (07) 3248 9455
Fax: (07) 3248 9459
Email: corporate@apeagers.com.au

AP Eagers Subsidiaries

AP Group Ltd
Associated Finance Pty Ltd
A.P. Motors (No 3) Pty Ltd
A.P. Ford Pty Ltd
AP Motors (No3) Pty Ltd - t/a Southside Toyota
Motors Pty Ltd
A.P. Motors (No 2) Pty Ltd
Eagers Finance Pty Ltd
E.G. Eager & Son Pty Ltd
City Automotive Group Pty Ltd - t/a City Mitsubishi
Eagers Nominees Pty Ltd
Eagers Retail Pty Ltd
A.P. Motors (No 1) Pty Ltd
Nundah Motors Pty Ltd
A.P. Motors Pty Ltd
Leaseline & General Finance Pty Ltd
Eagers Parts & Equipment Pty Ltd

Other AP Eagers Details

AP Eagers Year Established: 1957
ACN: 009 680 013
D-U-N-S: 758585947
ABN: 87009680013

AP Eagers (APE) Share Price

Submitted by ASX Listed Company on 23 August, 2008 - 04:22

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