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Acquisition of Peter Stevens and Harley-Heaven

Following the April administration of Peter Stevens Motorcycles and Harley-Heaven, two specialist motorcycle businesses are set for national growth, having successfully bid for the majority of their assets. Publicly-listed MotorCycle Holdings Limited leads this expansion, poised to acquire seven Peter Stevens Motorcycles and Harley Heaven outlets under a binding asset purchase agreement, strengthening its wholesale and retail footprint.The acquisition will allow MotorCycle Holdings Limited to ex...

CEO Succession and COO Appointment

MotorCycle Holdings Limited has appointed Matthew Wiesner as Chief Executive Officer (CEO), effective December 2024, to succeed company founder Dave Ahmet when he retires. Matthew brings over 20 years of senior leadership experience in both the wholesale and retail automotive industries, with extensive background in OEMs. MotorCycle Holdings Limited has also appointed Michael Poynton as Chief Operating Officer (COO) effective immediately. Michael joined the Company in 2022 following the acquisit...

Resilient Performance in Challenging Market

MotorCycle Holdings Limited announced that, despite challenging economic conditions, including softer consumer demand because of high interest rates, inflation and cost of living, MotorCycle Holdings has maintained stable revenue with a resilient FY24 performance. "Our stable operational and financial performance speaks to teh strength of our stategy, business model and operating discipline."Read the Full ASX Announcement ...

Affected Individuals Notification

On 8 April 2024, MotorCycle Holdings Limited (MTO) and MTO’s wholly owned subsidiary, Mojo Motorcycles (Mojo), became aware of a cyber incident involving unauthorised access to two of Mojo’s websites that separately market the motorcycle brands Sherco and Lambretta (collectively, the Websites).What occurred?The cyber incident involved an unauthorised third-party obtaining access to a webserver that was hosting the Websites and potentially to a database holding records of visitors to the Webs...

Acquisition of Mojo Group

MotorCycle Holdings Limited (ASX:MTO), Australia’s largest motorcycle dealership operator, advises that the acquisition of 100% of the shares in Mojo Motorcycles Pty Ltd and Mojo Electric Vehicles Pty Ltd (together Mojo Group) has now completed. Michael Poynton, one of the co-founders of the Mojo Group, will join the Board as an Executive Director.Read the Full ASX Announcement...

Acquisition of Wide Bay Motorcycles

MotorCycle Holdings is set to expand its operations in Queensland through the proposed acquisition of Wide Bay Motorcycles. Located in Glanmire, just south of Gympie, Wide Bay Motorcycles is a long-running business that retails a range of motorcycles, ATVs and Mowers. Read the Full ASX Announcement...