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| Announcement 18/01/2010 |
| With immediate effect the Stenhoj Group have decided to amalgamate their UK operations, which consist of MSI Ltd and GEMCO Equipment Ltd. This will form the LARGEST combined garage equipment sales and service provider in the automotive market in the U.K. |
| The combined sales and service organisation will continue to trade under the strong and long established name of GEMCO Equipment Ltd. Wayne Thomas will continue as C.E.O. and with senior management from both companies will be responsible for implementing the amalgamation to its completion. (The M.S.I. name will be phased out totally by 1ST of July 2010) |
| It is the purpose of the amalgamation not only to offer a truly seamless service to existing customers of both companies but to attract new business from all sectors of our industry with a truly `One Stop Shop’ approach for sales and service of garage equipment |
| In the coming months GEMCO will be offering to both existing and new customers ground breaking packages with guaranteed levels of service and equipment supply. |
| There are exciting times ahead not only for Customers but also for the people from M.S.I. and GEMCO who have the opportunity, enthusiasm and commitment to make GEMCO Equipment the only choice when it comes to buying or servicing garage equipment. |