The board of Vehicle Inspection NZ has congratulated JEVIC NZ on its seemingly successful takeover of the firm.
As reported yesterday, JEVIC passed 95% shareholder acceptance of its takeover offer on Friday, with the expectation that 100% will be obtained in due course.
VINZ chairman Ken Worsely says the full takeover prevents uncertainty.
“Full ownership will avoid the uncertainty for minority shareholders, which would have existed had the takeover been only partially successful,” Worsely says.
“A sole shareholder with strong industry background will also provide improved security and control for VINZ in these uncertain times.
“VINZ is an established going concern with skilled and committed staff and, under JEVIC ownership, it will no doubt continue to prosper,” says Worsley.
