Arena Group expands portfolio with acquisition of GLD Productions
Arena Group has expanded its product portfolio with the acquisition of specialist furniture hire business GLD Productions.
The largest UK owned event production supplier, Arena, has bought GLD Productions Ltd with all stock and staff being incorporated into the Group’s Spaceworks Furniture Hire division.
Grahame Muir, CEO Arena Group UK & Europe, said: “Since our 2017 stock market flotation we have been looking to strengthen our offering to clients, which this acquisition certainly will. The addition of new products, a very experienced and talented team will all help deliver the growth we believe is possible within this sector.
“Our ability to continue supporting the live music sector remains a very important cornerstone of this business unit going forward. We are delighted with this outcome and the opportunity to widen our offering within the live events marketplace.”
GLD’s staff and stock will be located at Arena’s Membury facility, complimenting and bolstering the capability of Spacework’s Furniture Hire within the Group under Managing Director, Chris Piggott. Dave Withey, Arena UK & Europe Sales Director, will assist in the development of GLD’s music and touring business.
Graeme Dixon, GLD Managing Director states:
“We are delighted to join the Arena Group. To become part of a public company is a validation of the work we have done, providing security of supply for our clients well into the next decade and we look forward to growing our business within the Arena Group umbrella.”