ACCC chairman Rod Sims says Repco and Covs Parts are the two largest generalist suppliers of automotive parts to trade customers in WA.

ACCC knocks back Covs Parts sale

The consumer watchdog has decided not to approve GPC Asia Pacific’s proposed $43 million acquisition of Automotive Holdings Group’s Covs Parts business on the grounds that it would substantially lessen competition.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
125thSeven Group Holdings92%16%
446thAutomotive Holdings Group-2%3%
451stSeven West Media-3%-17%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$146k Bought
$233k Bought
$495k Sold
Total value as at the date of the transaction
Source: Morningstar


2nd-Automotive Holdings Group$6,079.6m
3rd-Seven Group Holdings$2,340.3m
4th-Seven West Media$1,679.0m
236 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Automotive Holdings Group

75thPhilip Mirams$910k
128thDavid Rowland$686k
160thGus Kininmont$618k
Ranked by total remuneration from all listed WA companies

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