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Mr Waldron and
Mr Gason announcing the takeover. |
'We see this as the best fit'
Deal on track
to keep brands in Australia
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VICTORIA-based TRACK has acquired the longstanding Australian RV brands
Trackmaster and Pioneer, ensuring the brands stay in Australia.
Negotiations began last December and the agreement transfers all
intellectual property for the design, manufacture and marketing to the new
owner.
TRACK’s OUTBACK HQ showroom and service centre at Bayswater North will
provide ongoing service and parts for both brands and warranty services on
behalf of Gason for all Gason-manufactured products.
"As a board, we have assessed it over the past year and being a
family-owned business of 75 years in October we felt we wanted to come
back to our core business in Ararat," managing director
Wayne Gason said.
"We just felt TRACK was that right business.
'We see this as the best
fit in Australia'
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"They are family owned, building high quality products like Trakmaster and
Pioneer and we just see this as the best fit in Australia to take these
products forward and develop them into the future."
TRACK director Gerard Waldron said the Australian RV industry had been on
notice 12 months ago that federal RVSA legislation would bring light
trailers into a similar compliance scheme to that existing for cars and
trucks.
"The challenges of this and the slow economy were already drivers of
industry consolidation," he said.
"TRACK recognised this and was already seeking opportunities to expand its
offering. The opportunity to acquire these two highly regarded brands with
compatible design and production systems seemed ideal."
New Trakmaster and Pioneer models will be released next year but OUTBACK
HQ has 2020 models available for immediate sale.
"Clearly the COVID-19 virus was not part of our plan, but in common with
everybody else we are dealing with it as best we can," Mr Waldron said.
"At present both our showroom and production facilities are open and
operating, with additional hygiene and social distancing.
"We may be required to close in future and we will be hibernating just
like many other businesses."
TRACK and OUTBACK HQ are still at work and hopes sales will continue
throughout the crisis, even if at a diminished level.
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