Booster's investment arm, Tahi, has today announced a substantial investment into specialised transmission components manufacturer, Dodson.
Dodson, based in Glenfield, Auckland, are world leaders in producing aftermarket dual-clutch transmission components for high-end and performance vehicles such as Lamborghini, Porsche, Mercedes, Audi and BMW.
Dodson's upgrades to existing transmissions radically improve their reliability and durability, particularly when under racing conditions. Dodson's innovative components are now in demand worldwide and with a global distribution network of over 150 dealers and distributors in the United States, Middle East and Asia, they are poised for significant expansion and growth.
Booster Tahi, a fund which helps Kiwis to invest their savings back into successful New Zealand businesses, will take a 35 per cent share in Dodson and representation on its board.
Tahi's investment signals a diversification of its portfolio into the specialised manufacturing sector, expanding from its existing investments in horticulture and wine production.
Booster Managing Director Allan Yeo says the investment represents a milestone for Booster as it seeks to increase the level of investment back into New Zealand businesses.
"Dodson's is a great fit for Booster. This is the kind of innovation and inventiveness that embodies everything we stand for and now our members have the opportunity to invest in this company doing unique and world-leading work too," says Mr Yeo.
This investment reinforces Booster's commitment to helping New Zealand businesses fulfil their growth potential and keep them Kiwi owned.
"By securing this investment, Booster will continue to practice our philosophy of backing New Zealand businesses."
We see significant growth potential for Dodson's, supplying international markets from New Zealand. They are a Kiwi success story and this move will take it a step further with everyday New Zealanders investing in their future growth.
