Autex Industries has been confirmed as the sole owner of the NZ Warriors.
The deal was confirmed at the Warriors' end-of-season awards on Tuesday evening and will be finalised on Monday.
Last month, Newshub reported that the minority shareholder was bidding to buy the club outright, with Autex boss Mark Robinson saying it was in the "best interests" of the club's future.
The Warriors were sold to the Carlaw Heritage Trust and manufacturing business Autex Industries just 18 months ago, in a deal that was hailed as a "new chapter" for rugby league in New Zealand at the time.
"Owning a stake in the club last year was the opportunity of a lifetime," says Autex chief executive Mark Robinson.
"We're a league family, and have stood alongside other Warriors fans in the rain, hail and sun to cheer on the boys for the past 25 years.
"Like any local league fan, we're passionate about seeing the team succeed. We know the potential is there, so we're stoked to be taking on full ownership and kicking off a new chapter for the club."
Robinson confirmed that despite the change in ownership, Rob Croot would remain as Warriors chair, Cameron George would continue to lead the club as CEO and Stephen Kearney would remain the coach.
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Newshub.
