GAP Group Headquarters Acquisition in Glasgow

ongoing

GAP Group has completed the acquisition of Citypoint 2 on Tyndrum Street in Glasgow. The UK’s leading independent equipment hire company plans to relocate its current Head Office to the 38,836 sq ft office building, which overlooks the M8 motorway on the northern periphery of Glasgow City Centre. The family business has outgrown its current base in the city and the new Head Office is key to expansion plans for the company, which employs more than 1,800 people across 145 locations in the UK, with a turnover in excess of £220m, with plans to double in size over the next six years. It has experienced significant growth in recent years with the addition of 10 new divisions including Welfare Services, Survey & Safety, Non-Mechanical, Lifting, Trenching & Shoring and Tanker Services divisions and has ambitious plans to introduce further specialist divisions in the months ahead.