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Team McMillan BMW announce ownership change
Team McMillan BMW announce ownership change
The Board
of Team McMillan BMW has announced today, that effective
June 30, the McMillan family will be selling their 50% share
of the business to current co-owner Collins Asset
Management. The purchase involves representation of all
three brands in the current Team McMillan portfolio,
specifically BMW, MINI and Rolls Royce.
“This is a significant change in the ownership of what is Auckland’s largest BMW dealership,” said the Managing Director of BMW New Zealand, Nina Englert.
“I am confident that the
new structure will continue to build on the achievements
realised by Bob McMillan and his team, such as winning
‘BMW Sales Dealer of the Year’ for the past two years
running. We also look forward to working with Tim Cook and
the team at Collins Asset Management to ensure BMW remains
the most popular premium automotive brand in the
country.”
Ends
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