Friday, 9 August, 2024 - 15:49
Regent Motors buys former Iplex factory
Records show that an entity owned by Regent Motors boss Tyson Sutton bought the Osborne Park property for $19 million this year.
Tyson Sutton is major shareholder in Regent Motors, the state’s biggest automotive dealership owner. He also has a significant stake in related property holding company Ukemi Investments. Record show Mr Sutton, who had previously been a dealer principal with AHG, became a director of Regent in 2007, joining Robert Van Helvoort, the other major owner, whose father Andre founded the business in 1962. Regent’s various dealerships turn over an estimated $1 billion a year in car sales. In 2015, Regent acquired 70 per cent of Bob Peter’s BMW dealership Auto Classic.
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Records show that an entity owned by Regent Motors boss Tyson Sutton bought the Osborne Park property for $19 million this year.
Automotive retailer Regent Motors has pushed homebuilder BGC Australia out of the top 10 private companies based in Western Australia after cracking the $1 billion revenue milestone.
Major independent car retailer Regent Motors has had another boom year, with strong leap in turnover to $1.2 billion resulting in a hefty dividend to its owners.
Entrepreneurial car dealer Tyson Sutton has bought out the Van Helvoort family from the WA car retailing and property giant.
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Tyson Sutton is linked to 2 organisations which are included in 2 lists - Family offices and Private Companies - Large.
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