By Digifin Pty Ltd · About this coverage
Key Points
- ACCC has approved the proposed Wakeling Automotive acquisition and its associated divestment remedy
- Approval is subject to a mandatory 14-day review period under the new merger control regime
- Peter Warren expects the acquisition to complete in the coming weeks
- The release states no acquisition price or divestment detail, and no completion date beyond the coming weeks
About Peter Warren (ASX:PWR)
Peter Warren Automotive Holdings Limited is an ASX-listed automotive retailer with its head office at Warwick Farm in south-western Sydney. It sells new and used vehicles and provides servicing, spare parts and collision repair from dealership sites in New South Wales, Queensland and Victoria. The company listed on the ASX in 2021.
Peter Warren Automotive Holdings Limited (ASX:PWR) said the Australian Competition and Consumer Commission has approved its proposed acquisition of Wakeling Automotive and the associated divestment remedy, subject to a mandatory 14-day review period as required under the new merger control regime. The company said the acquisition represents an important step in the Peter Warren strategy to strengthen and grow its business and is expected to complete in the coming weeks. The announcement was authorised for release by the board of Peter Warren.
The release is brief and carries no financial figures. It does not state the acquisition price, the number or identity of the sites covered by the divestment remedy, the buyer of any divested assets, or a completion date beyond the coming weeks.
Source: Peter Warren Automotive Holdings Limited (ASX:PWR), 4 September 2026. Summary content supplied by Digifin Pty Ltd.
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