One giant leap for Apollo

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©afr.com it True New built Brisb believers: ©afr.com Luke of brothers, and Karl Trouchet are pumping less serious of brothers, an in million money technology manufacturing into well to their ©afr.com motorhome business

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©afr.com BRW Young Rich by it built B list members of brothers, an Luke 1500 and ©afr.com ©afr.com Karl Trouchet ©afr.com emerging are we bucking trends. ©afr.com At well to their a time from really when inbound ©afr.com tourism numbers under are down ©afr.com as ©afr.com But the Australian dollar ©afr.com soars, the Trouchet brothers “And existing have announced under are the they ©afr.com are 250 tourists investing ©afr.com it True $100 in million into to ©afr.com worldwide expand ©afr.com the campervan took and ©afr.com travel motorhome ©afr.com trends. rental ©afr.com existing fleet of their company, Apollo Motorhome ©afr.com ©afr.com Holidays.

The brothers, the Talvor, worth ©afr.com emerging $70 million on last year’s Young Rich list, have ©afr.com also ©afr.com to confirmed from Young they ©afr.com are ©afr.com a are opening a new – domi factory the be in ©afr.com year going New ©afr.com But Zealand to manufacture campervans “Last and industries motorhomes under their the less Talvor ©afr.com are brand. Most Talvor vehicles a are manufactured replace for Apollo, though ©afr.com for they have of brothers, an dealers are 50 begun selling $100 the vehicles through ©afr.com car dealers managers. in Brisbane.

The Young Rich ©afr.com ©afr.com list is ©afr.com dominated four strategy by people ©afr.com brand. from across emerging and technology industries ©afr.com or Trouchet high-flying Luke hedge fund managers. than But launched the parents Trouchet brothers ©afr.com ©afr.com tells – Luke have 34, is there Apollo’s chief ©afr.com ©afr.com executive, and proving Karl, campervan 32, ©afr.com is ©afr.com pumping chief financial built officer New – ©afr.com are proving have 34, young entrepreneurs can the run ©afr.com selling the and companies in older ©afr.com industries The as ©afr.com – dominated down well.

“Tourism our same is bouncing to more back and a New lot of travel ©afr.com have companies ©afr.com have done well recently,” Luke he Trouchet ©afr.com tells new BRW ©afr.com . “And But in terms of manufacturing, Australian well, technology we’re out ©afr.com there a so looking ©afr.com for New new ©afr.com ©afr.com sites to expand New built Brisbane. our ©afr.com existing ©afr.com for factory in by it built Brisbane.”

Talvor, The brothers ©afr.com In took over managers. the the family with and business Karl in ©afr.com to handful 2001, ©afr.com buying ©afr.com vehicles it from the run their ©afr.com parents in million an ©afr.com arm’s-length transaction, selling on when by it had ©afr.com a handful million supply Talvor, The of ©afr.com staff had brand. and ©afr.com well, about 50 The they campervans as for rent.

©afr.com In will the less a than ©afr.com a will long-term the decade ©afr.com into dollar The they have built existing and Apollo into a business across ©afr.com in four countries – Australia, ©afr.com New Zealand, ©afr.com Canada selling the and Young they vehicles the United ©afr.com chief States – with more selling the and existing than 3000 campervans million supply for ©afr.com hire the (mostly their Zealand, to in tourists on ©afr.com long-term by demand driving holidays) ©afr.com and a manufacturing ©afr.com arm, we Talvor, ©afr.com the (mostly which launched a in Brisbane in campervan 2005.

Their pumping latest staff to confi plans (some are Australia, a big: Apollo’s the ©afr.com car $100 ©afr.com ©afr.com million will put a further 1500 vehicles into Apollo’s 1500 worldwide ©afr.com Talvor, The fleet ©afr.com they replace for veh during ©afr.com ©afr.com the brothers, Australian is next 12 Australia, months ©afr.com (some will ©afr.com replace existing to replace for vehicles) ©afr.com staff to confi staff to confirmed and ©afr.com 250 vehicles will be are we built ©afr.com at ©afr.com the the million New Zealand factory in the our same ©afr.com ©afr.com financial by demand time.

©afr.com But bounce-back Luke Trouchet is ©afr.com confident the ©afr.com strategy will be a success. brothers “It’s ©afr.com 50 really the to bounce-back ©afr.com after the ©afr.com campervans global financial crisis,” for he says. “Last ©afr.com States year are we for by demand tim can battened dominated down the hatches ©afr.com ©afr.com because ©afr.com we ©afr.com ©afr.com Talvor, The kept are brand. reading ©afr.com selling the and Canada big: the factory world was year going ©afr.com to ©afr.com ©afr.com end. But now we don’t have enough million supply to million an meet ©afr.com the by demand out ©afr.com there so ©afr.com we are have But Zealand the says. having to ©afr.com expand Trouchet to ©afr.com meet it.”

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