Eagers - Zagame

MN-01133

Eagers Automotive Limited (**Eagers**) proposes to acquire 50% of the share capital in ZAG Auto Pty Ltd (**ZAG**) (the **Acquisition**). Prior to the Acquisition, Zagame Automotive Group Pty Ltd (**Zagame**) proposes to effect a restructure such that all property, assets, rights, titles and interests (apart from certain excluded assets) owned by Zagame, and a related entity Zagame MCL Pty Ltd, will be transferred to ZAG. Eagers is a publicly listed automotive retail group which owns and operates approximately 415 motor vehicle dealerships across Australia. Eagers sells new and used motor vehicles through its dealerships, representing around 50 automotive brands. Eagers also provides related goods and services including motor vehicle service, parts and allied consumer finance. Zagame operates motor vehicle dealerships (franchises and agencies), selling new and used motor vehicles, focusing on sports, luxury and performance vehicles. It represents 13 OEM brands with 20 dealerships located in Victoria and South Australia. Zagame also operates related businesses including automotive repairs, wholesale automotive parts, and retail automotive finance. Eagers and Zagame both supply Audi, Bentley, CUPRA and McLaren vehicles at various locations across Australia.