A leader in Australasia’s automotive parts buying sector and with a network of 330+ suppliers NZ-wide, Capricorn helps its members run their businesses better – from instant credit and consolidated billing to a member rewards programme.
Capricorn, the tenth sign of the zodiac, is all about hard work. Those born under this sign are ambitious, determined and more than happy to put in a full day at the office, factory or workshop.
And so it is with Capricorn the co-operative: working hard for its members for over 40 years. It still proudly operates by co-operative principles to support businesses within the automotive industry.
Capricorn was established in 1974 by a small group of Western Australian service station owners to increase their buying power and level the playing field with the big multinational oil companies. Today, the co-op has over 16,000 members and 2,200 preferred suppliers across Australia and New Zealand.
The growing co-operative expanded offshore to New Zealand in 1997 and elected Kiwi co-op legend Russell Green to chair the trans-Tasman board in 2005.
Today, NZ Head of Sales Andrew Baird manages Capricorn’s successful Kiwi operation.
He says Capricorn has arrangements with more than 330 automotive industry trade suppliers throughout New Zealand.
“Members enjoy access to a huge network of preferred suppliers include many of the biggest names in the industry. Together, they cover the needs of Capricorn’s diverse membership base including mechanical workshops, panel repairers, auto electricians, commercial vehicles and many more.
“Capricorn’s co-operative approach allows members to better manage their businesses by saving time. We offer a broad range of services, including instant trade credit with preferred suppliers, one monthly statement for simplified accounting and administration, motor vehicle and equipment finance, dedicated travel services as well as access to business protection.
“Operating on co-operative principles means our members are the owners, and are eligible to receive dividends, if declared.”
As a motor trades industry specialist, Capricorn Risk Services is well placed to understand the needs and challenges of Capricorn members.
“We operate a dedicated nationwide network of supportive risk account managers who provide a personalised service to members and offer a one-stop risk solution.
Capricorn is a proud co-operative and, like Cooperative Business New Zealand (of which it is a member), chooses to brand itself with the global co-operative marque and .coop domain. This co-operative identity differentiates us from other forms of business and our unity of purpose.