MBH Corporation Plc
MBH Corporation expands its Construction Services portfolio with acquisition of UK refurbishment specialist Gaysha Ltd
MBH Corporation Plc / Key word(s): Investment MBH Corporation expands its Construction Services portfolio with acquisition of UK refurbishment specialist Gaysha Ltd Information and Explanation of the Issuer to this News: Additional Information Callum Laing, Non-Executive Chairman of MBH Corporation plc – ‘Gaysha is an established and very successful family-run business and an organisation that is well-aligned to become part of the MBH Corporation and for us to build a long-term relationship with. As well as the financial benefits that are associated with acquiring Gaysha, we are also excited about the depth of industry knowledge and experience that the Elsey family brings to the construction vertical that is a strategic part of our business mix.’ Ian Elsey, Chief Executive, Gaysha Ltd – ‘The agglomeration model is an exciting opportunity for Gaysha, providing us with an excellent foundation for continued growth. We are looking forward to collaborating with like-minded entrepreneurs and business owners who have embarked upon a similar journey, where we are able to share ideas and best practice. Joining MBH gives us the financial discipline associated with being part of a listed company whilst allowing us to maintain full operational control. We look forward to working with our fellow founders and the MBH team in delivering our shared goal of creating shareholder value.’
MBH Corporation plc is a diversified investment holding company, listed on the Frankfurt and Dusseldorf Stock Exchanges. The company acquires small to medium enterprises across multiple geographies and sectors that are well established, profitable and looking to scale. By leveraging the Agglomeration strategy, MBH Corporation plc is able to create substantial shareholder value through the consistent, accretive acquisition of excellent companies.
MBH Corporation plc, Charlotte Williams, charlotte@unity-group.com, +44 (0)770 396 3953 Kirchhoff Consult AG, Nicole Schüttforth, nicole.schuettforth@kirchhoff.de, +49 (0)40 609186 64
18-Oct-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | MBH Corporation Plc |
Studio 7-9, Royal Patriotic Victoria Building, Joh | |
SW18 3SX London | |
United Kingdom | |
E-mail: | fo@mbhcorporation.com |
Internet: | https://www.mbhcorporation.com/ |
ISIN: | GB00BF1GH114 |
WKN: | A2JDGJ |
Listed: | Regulated Unofficial Market in Dusseldorf, Frankfurt |
EQS News ID: | 891917 |
End of Announcement | DGAP News Service |