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Carly and Carbar Merge to Scale Australia’s Car Subscription Market

7:52am on Monday 2nd of June, 2025 AEST Automotive
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Carly and Carbar Merge to Scale Australia’s Car Subscription Market

7:52am on Monday 2nd of June, 2025 AEST
Key Points
  • Non-binding agreement to merge Carly’s car subscription business with Carbar
  • Transaction valued at approximately $3.8 million, mostly in Carbar shares
  • Merger expected to unlock significant synergies and accelerate growth
  • Shareholder approval and regulatory conditions pending for completion
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