Gaysha Limited has today announced the acquisition of GS Contracts (Joinery) Limited. GS Contracts is an interior fit-out and bespoke manufacturing contractor, and will support Gaysha in its growth journey with expansion into the fit-out market.
Founded in 1992, GS Contracts is an established fit-out & manufacturing contractor with extensive experience operating across the leisure, hospitality and commercial sectors. Based in Colchester, UK, GS Contracts offers a full turn-key solution, working with clients from the initial inception of an idea through to completion. GS Contracts have their own manufacturing facility which produces bespoke joinery and metalwork supporting both fit out projects and stand-alone joinery projects. With all manufacturing kept in-house, GS Contracts has full control of its supply chain.
“GS Contracts provides an excellent opportunity for Gaysha, as we look to expand our offering for our clients and gain greater control of our supply chain. When I first became involved with GS Contracts, I was blown away by the quality of work and craftsmanship they were delivering. Owners Gary & Sue Smith have built a fantastic business with some solid foundations that we will look to build upon. Our clients want us to deliver more and to do so it is integral that we have a robust supply chain to support us. The acquisition of GS Contracts will allow us to tender for a wider range of projects across a multitude of industries and gives us the outlet for high quality joinery in-house. We are extremely fortunate that Gary Smith will remain in the business heading up the sales function at GS Contracts as we look to work together to take the business to the next level.”
Ian Elsey, Chief Executive Officer, Gaysha Limited
Gary Smith commented on the acquisition adding “This is an exciting opportunity for GS Contracts to take the next step in the companies’ growth and development. The support offered by Gaysha and the synergies between both businesses will allow us to continue to exceed our clients expectations and give us a competitive advantage in the marketplace. I am looking forward to working with Ian and his team as I continue to focus on generating new business and maintaining client relationships.”
Gary Smith, Founder, GS Contracts
GS Contracts will be governed by the Gaysha Limited Board but will operate as a separate trading entity within the group. Gaysha is a wholly owned subsidiary of MBH Corporation PLC, trading on the Frankfurt stock exchange. This acquisition was supported by the MBH Corporation agglomeration model.
Article by Lewis Elsey at Gaysha Ltd, a London-based fit out & refurbishment contractor operating across the residential, commercial and industrial sectors.
Gaysha Ltd, 5th Floor, 8-10 Grosvenor Gardens, London SW1W 0DH
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