M.W. Gozna Services, based near Exeter, was founded in 1979 by Mike Gozna as a business undertaking general building work alongside plumbing and heating. Over the years the business evolved becoming a specialist in adapting properties for disabled people particularly in bathrooms and wet rooms but also carrying out kitchen adaptations and other features such as ramps and structures such as handrails. In developing in to this market the business has become a preferred contractor to Devon County Council and the district councils across Devon for helping disabled people lead independent lives. The business will either design projects from scratch or work with clients’ architects.
Looking to retire Mike Gozna and his co-directors chose to instruct Exeter based business transfer specialists, Beardsley Theobalds to act for them. Interest was shown from people already in the building trade who recognised that this was an excellent add-on to their existing businesses and also from individuals who were attracted to this niche sector operation.
Following a wave of interested a deal was agreed with Exeter-based Lea James Investments owned by Steve Coomber and Adrian Dennis whose other businesses include Devon Minor Works and Steve Coomber Decorating, The newly-acquired firm, which has six staff, will retain the Gozna brand and will remain at its current headquarters at Mill Park Industrial Estate in Woodbury Salterton.
Steve said: “This a marvellous acquisition for the group. It is a natural progression for us and goes hand-in-hand with our current business. Gozna is a thriving firm with plenty of room for growth that means the group can offer a more diverse range of services. I believe there is scope for Gozna to win more market share and to grow its bespoke steel fabrication side. We bucked the trend and kept growing through the recession and by taking on another quality company in Gozna I believe we can continue or success story.”
Steve not only recognised that the business fitted well in to their existing operation but with the wealth of experience built up by Mike and his co-director, Adrian Taylor, Steve offered to retain their services and both have decided to stay with the business under new ownership putting Mike’s retirement on hold.
Lea James Investments employs 16 staff, including contractors, and acquired Devon Minor Works five years ago, which specialises in building, repair and refurbishment work for the NHS, fire service, local authorities and the police, as well as landlords and domestic customers in Devon, Cornwall and Somerset. Steve Coomber Decorating, which was founded in 1990 and integrated with Devon Minor Works in 2009, works for a range of domestic and commercial clients.
Marketing price £100,000