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NTAW Holdings Sells WA Black Rubber Assets and South African Stake in Strategic Pivot
1:23pm on Monday 27th of July, 2026 AEST
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Automotive
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NTAW Holdings Sells WA Black Rubber Assets and South African Stake in Strategic Pivot
1:23pm on Monday 27th of July, 2026 AEST
Key Points
Sale of WA Black Rubber assets to Get A Grip Tyres for AUD 3.7 million including inventory
Exit from South African tyre wholesaler Tyrelife Solutions with sale price payable over two years
WA operations struggled with losses and impaired intangible assets in 2024
Proceeds earmarked to support working capital and strategic restructuring
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