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Bayswater Vehicle Group acquires Hastings Kia

PRIVATEAug 09, 2026about 1 hour ago

Acquiring Company

Bayswater Vehicle Group

Acquired Company

Hastings Kia

Hawke's BayHawke's BayAutomotive

Description

Bayswater Vehicle Group has officially acquired the remaining 50 percent shareholding in Hastings Kia, bringing full ownership to the company. Former dealer principal Mark Cooper has retired after leading the dealership to success over the years. This acquisition will enhance Bayswater's presence in the region and reflect their commitment to local investment. The integration of Hastings Kia further establishes Bayswater as a leading automotive group in Hawke’s Bay.

Company Information

Company

Bayswater Vehicle Group

Location

Hawke's Bay, New Zealand

About

Founded in 1990, Bayswater Vehicle Group has grown to become one of Hawke's Bay’s largest automotive groups, representing over 20 brands. The group emphasizes community investment and exceptional customer service. With a focus on local growth, Bayswater aims to enhance the automotive offerings in the region. They strive to provide a wide selection of new vehicles supported by experienced sales and service teams.

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Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Hastings Kia?

Hastings Kia was acquired by Bayswater Vehicle Group, based in Hawke's Bay. The deal was reported on August 9, 2026. Founded in 1990, Bayswater Vehicle Group has grown to become one of Hawke's Bay’s largest automotive groups, representing over 20 brands. The group emphasizes community investment and exceptional customer service. Bayswater Vehicle Group is privately held and operates in Automotive.

When did Bayswater Vehicle Group acquire Hastings Kia?

Bayswater Vehicle Group's acquisition of Hastings Kia was reported on August 9, 2026. Bayswater Vehicle Group has officially acquired the remaining 50 percent shareholding in Hastings Kia, bringing full ownership to the company. Former dealer principal Mark Cooper has retired after leading the dealership to success over the years. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hastings Kia do?

Hastings Kia is known for its exceptional customer service and has received numerous accolades, including Kia's Platinum Prestige status in 2019. It is privately held, and is based in Hawke's Bay.

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