James Lane Motors Australia Pty Ltd

Dutton Garage is an Australian retailer specializing in classic, collectable, exotic, and rare cars, providing tailored services to a global clientele seeking unique automotive investments. Founded in 1911 and headquartered in Melbourne, Australia, Dutton Garage Pty Ltd focuses on the retail of high-value vehicles. The company has successfully completed 2 deals, with the most recent on May 1, 2023, when it was acquired by Sojitz Corporation from CPE Capital for USD 250 mn. Suren Chandrajit is the current CEO, leading the company through this significant transition.

Dutton Garage specializes in the retail of classic, collectable, exotic, and rare cars, operating from an iconic showroom in Melbourne. The firm sources and sells high-value vehicles globally, catering to car enthusiasts, collectors, and investors. It offers a fully tailored service, assisting clients from vehicle sourcing to final transactions, thereby enhancing the purchasing experience. Dutton Garage generates revenue through direct sales of high-value vehicles, primarily through B2C transactions.

Clients purchase specific collectable or exotic cars, benefiting from expert consultations and tailored services. The pricing reflects the unique nature of each vehicle, often involving substantial sums, and revenue is also driven by ancillary services that enhance customer experience. Following the acquisition by Sojitz Corporation in May 2023, Dutton Garage plans to leverage the recent funding to expand its product offerings and enhance its market presence. The company aims to introduce new lines of luxury vehicles and is targeting expansion into Asian markets, particularly Japan and China, by the end of 2024.

This strategic focus on new markets and products will utilize the USD 250 mn funding to support these initiatives.