INVESTOR CONSORTIUM BUYS CAMPING GIANT OZTRAIL
By administrator | 11 December 2017
OVER THE last 20 years, OZtrail has become a brand synonymous with Aussie camping and outdoor life; it's certainly rare to see a sausage sizzle or beach day that doesn't take place beneath one of its iconic gazebos.
Now the family-run enterprise has a chance to extend its reach beyond our shores, as a consortium of investors has acquired the company with global goals in mind.
Brisbane-based consumer products queen Vanessa Garrard (pictured) has partnered with Shark Tank serial entrepreneur and investor Glen Richards as well as Odyssey Private Equity to purchase OZtrail from previous owners the Whittaker family.
Garrard, who is the founder and CEO of product developer SourceHub, says her company plans to bring a strong new pipeline of products and sales channels to the table for OZtrail.
She also insists on working very closely with OZtrail's general manager Andrew Whittaker to keep the essential elements of the business intact.
"It's important for us that this remains a real partnership between us and the Whittaker family, and we keep the business trading as it has been for 20 years," says Garrard. Read more
Paris Faint - Business News Australia - 8 Dec 2017
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