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Repco company history timeline

1822

1822.52 crore as compared to Rs.

1920

Mid-1920's Opened first replacements parts trade supply store

1922

In 1922, Russell set up shop in a shed in Collinwood, a suburb of Melbourne, calling the business the Automotive Grinding Company.

1922 Repco founded as an automotive grinding business

1924

By 1924, Russell's business had grown enough to enable him to move the company to larger quarters in Carlton.

1926

In 1926, therefore, Russell decided to team up with a friend, Bill Ryan, who had been working for a business importing spare parts.

1927

The year 1927 marked a new opportunity for the young Repco.

1930

1930's Grows replacement parts business through the Depression

1932

1932 First country branch opened in Hamilton, Victoria.Repco first began advertising

1937

Then, in 1937, Russell combined the group's operations into a single business, Repco Limited, which was then listed on the Melbourne Stock Exchange.

1938

1938 Repco's first annual general meeting

1944

1944 Superannuation scheme introduced for employees

1946

Russell himself died in 1946.

1947

1947 Repco assists in the build of Charlie Dean's "Maybach 1"

1948

Post war highlights included Repco’s development and manufacture of many components of the first Holden, the 48-215 of 1948.

1950

1950's Grows automotive manufacturing business

1954

1954 Maybach 3 wins New Zealand Grand Prix.

1955

Recognizing the advertising potential in developing a racing car division, Repco became one of the sponsors for the Phillip Island Racing Club in 1955.

1958

The next major step in Repco's racing career came in 1958, when the company was approached by an up-and-coming Australian driver, Jack Brabham.

1959

1959 Repco purchases a string of parts distributors in NSW and Queensland

1960

1960 Repco moves into South Australia and Northern Territory

1961

1961/65Formula 1 cars badged Repco Brabham.

1963

1963/64Jack Brabham and Repco win both Australian Grands Prix in a "Repco Brabham" using a Repco modified Climax engine.

1966

1966 - WHAT A YEAR!First 620 BT19 engine used at South African Grand Prix.Repco Brabham Engine Company is formed.

1968

The arrival of a new engine design, the Cosgrove, in 1968 meant that Repco too would have to design and build a completely new engine to remain competitive.

1969

1969 Repco opened its first stores in Western Australia

1981

In 1981, Repco entered New Zealand, establishing its first store there.

1985

The company's efforts were not enough, however, and in 1985 the company fell prey to investment group Ariadne.

1986

By 1986, Repco had shed its manufacturing operations altogether and was regrouped around its automotive parts distribution network.

1988

In 1988, however, the company developed a new dual-format store, designed to appeal to both professionals and the consumer retail market.

Under PacDun, Repco's name was changed to Pacific Automotive, with Repco becoming the company's core brand. As a result, Repco itself was sold to Pacific Dunlop, more familiarly known as PacDun, in 1988.

1991

Under PacDun, Pacific Automotive grew to include a number of prominent auto parts distribution businesses, including Ashdown, acquired in 1991.

1996

By 1996, the company had decided to expand the dual-format store concept to its Australian operations, in part to counter the increasing strength of a number of its competitors.

1998

The company also sought to expand its operations through acquisition, notably with the purchase of the Appco network of trade-oriented auto parts shops in New Zealand in 1998.

2001

By 2001, Shamrock forced PacDun to undergo its own restructuring, and in May of that year PacDun announced its intention to sell off both Pacific Automotive and South Pacific Tyres.

Pickard, Derek, "Sale of the Century," Automotive Aftermarket, May 2001.

With its share price slipping—dropping as low as AUD 1.25 per share by 2001—PacDun found a new major shareholder in United States-based investment fund Shamrock Holdings.

2002

In 2002, the company decided to focus on its trade and retail distribution operations, selling off its 50 percent of CarParts.

2002 Celebrates 80th Anniversary

2003

To back its new strategy, the company regrouped its businesses under a new name, Repco, and then returned to the stock market, launching its public offering in October 2003.

Since 2003, the company, which traditionally targeted the trade market, has begun converting its store network to a dual format targeting both trade and retail customers.

The company has been listed on the Australian Stock Exchange since 2003.

2004

Yet the company also targeted larger operations, such as its December 2004 purchase of Ingram, a leading distributor of electrical car parts, and McLeod's, a specialist in motorcycle accessories, from Alesco for AUD 90.5 million.

Galacho, Olga, "More Parts for Repco," Herald Sun, December 15, 2004.

2005

Jones, Chris, "Good Gain Has Repco Buzzing," Herald Sun, August 9, 2005.

2007

2007 Acquired by CCMP (now known as Unitas Capital) and delisted from Stock Exchange

2008

The company, which had been restructuring its core Repco business, then launched a new expansion strategy, calling for an increase in its number of stores to 500 by 2008, and the conversion of all of its Repco stores to the dual format.

2009

2009 Repco Group rebranded as Exego Group, and CCMP rebranded as Unitas Capital

2012

2012 Repco wins the Guinness World Record for most cars washed in multiple sites

2013

In September 2013 credit rating agency ICRA upgraded long term rating assigned to company's Term Loans from Banks from [ICRA] A+ to [ICRA] AA-During the year under review the company made an additional investment of Rs.

2013 Repco launches first Auto Centre in Geelong Victoria

2017

2017 Celebrates 95th anniversary

2018

During the financial year ended 31 March 2018 the company's total loan approvals stood at Rs.3079.26 crore as compared to Rs.

2018 Launched e-Commerce website

2020

REPCO Solutions © 2020 All Rights ReservedDesigned by REPCO Solutions

2021

At 1.79 million, demat accounts opened in June fewest since Feb 2021

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Repco competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Freedom Powersports2012$800,00014-
Premier Automotive1995$280,000511
Critz Auto Group1938$8.5M757
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The Automaster2016$1.6M25-
Southern Auto Group-$14.0M10031
Sun Enterprises1972$37.9M50-
Mountain Motorsports2004$44.0M350-

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Repco may also be known as or be related to Repco and Repco, Inc.