MotorCycle Holdings Completes Acquisition of Business Assets, Operations of Peter Stevens Motorcycles, Harley Heaven; Shares Fall 4%

MT Newswires Live

08/01

MotorCycle Holdings (ASX:MTO) completed the acquisition of certain business assets and operations of Peter Stevens Motorcycles and Harley Heaven, according to a Friday Australian bourse filing.

It acquired Harley-Heaven Adelaide, Harley-Heaven Perth, Harley-Heaven Penrith, Harley-Heaven Sydney (Tempe), Peter Stevens Motorcycles Adelaide, Savage Motorcycles Perth, Peter Stevens Motorcycles Dandenong, and Sydney Triumph. It also acquired the online businesses of Harley-Heaven and Peter Stevens Motorcycles.

Its shares fell 4% in recent trading on Friday.

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