Tuesday, 28 November, 2006 - 21:00
ThinkSmart, Mine Services on top
This year’s Rising Stars awards attracted 52 entries from a wide range of business sectors, all committed to innovation and growth.
Established in 1994, DVG Automotive Group has grown to become one of Perth’s largest automotive dealers.
In July 2015, Japanese company Gulliver International agreed to acquire a 67% shareholding in DVG. The minority stake has been retained by members of the DiVirgilio family.
DVG has since moved to a national platform MyMoto, which teams up with dealers across the nation to offer an ever-growing selection of cars for sale and servicing options.
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This year’s Rising Stars awards attracted 52 entries from a wide range of business sectors, all committed to innovation and growth.
Owned and managed by the Di Virgilio brothers, Maddington-based DVG Automotive sells new and used vehicles and related services to the general public and fleet customers.
Softer conditions outside mining don’t bother big private companies too much.
WESTERN Australia’s leading private companies are under the spotlight now more than ever before.
CALIBRE Projects started from scratch in 2002, offering engineering, procurement and construction management services to the mining sector.
Indigenous businesses are building capacity through joint ventures and are growing on the back of multi-billion dollar contracts from big mining companies.
The Fremantle Dockers’ on-field success has delivered a pay-day for its supporters and corporate sponsors.
If the many different winners of the Rising Stars award have anything in common it is that all won the ability to choose their future – whether that be a trade sale, an ASX float or organic growth.
BGC is still WA’s largest private company, but Hancock Prospecting looms large.
DVG Automotive Group managing director Lou Divirgilio has achieved a rare feat, selling a majority stake in his family business for $120.6 million, which equates to the kind of earnings multiple that only ASX companies normally attract.
Fortescue Metals Group has set an ambitious target of having Aboriginal workers fill 20 per cent of all trades positions in its workforce, on the back of an apprenticeship program launched today.
A series of major trade sales and the prospect of one of WA’s biggest-ever IPOs were highlights in what remained subdued capital markets in the September quarter. Also in our special report, how a surge in backdoor listings is attracting Silicon Valley entrepreneurs.
SPECIAL REPORT: Local firms Azure Capital and Hartleys punched above their weight in 2015 in what was a lucrative year for a handful of top corporate advisers in WA. Click through to see which corporate advisers, lawyers and brokers managed 470 M&A and capital raising deals.
Past winners of the Business News Rising Stars growth companies awards have continued to make news, particularly those with private backing.
Big private car retailer DVG Automotive Group has released its results for the 2015 financial year, showing a tightening economy had not significantly hit its sales ahead of the sale of a majority stake to Japanese interests.
SPECIAL REPORT: Private sales during the past year have reduced the already small number of long-running family businesses in WA.
Acquisition deals involving Perth companies Programmed Maintenance Services, ASG Group and DVG Automotive Group show a growing Japanese presence in the market.
Korean car maker Kia Motors will increase its offering at DVG Automotive Group dealerships in Midland and Morley after recent showroom upgrades worth more than $1 million.
Japanese company IDOM will take over the day-to-day operations of DVG Automotive Group after chief executive Lou Divirgilio stepped back to focus on his role as chairman.
Three years after taking a majority stake in Perth company DVG Automotive Group, Japanese outfit IDOM has made its first move into the east coast car market, purchasing Melbourne-based Andrews & Wallis Motor Group.
Australia’s largest automotive dealer is planning a major restructure of its Perth properties, buying three from the Wheatley-Prater family and exiting six others.
The ranking of WA’s largest private companies has changed dramatically over the past decade.
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MyMoto is included in 1 list - Foreign-owned Companies.