Page 8 - Full GAP Catalogue 2022
P. 8

6 / The Family Business


        THE FAMILY BUSINESS





        Since being founded in 1969 by Gordon Anderson, GAP has remained a family owned business to this day, with
        sons Douglas and Iain as Joint Managing Directors and third generation family members in senior and Board
        positions.

        Private, family ownership provides significant benefits for our customers:


        •  No external shareholders provides GAP with significant flexibility and allows a strong balance sheet to be built
        •  The ability to quickly adapt to any changes in the economy or to meet customer demands
        •  Efficient short-term decision making and long-term planning and continuity
        •  The ability to focus on building a sustainable long-term business rather than chasing short-term performance
          goals to satisfy external shareholders

        GAP’s independent private ownership is reflected in our culture which is based on fairness, teamwork and customer
        service. Effective succession planning underpins our independence and
        long-term ethos.
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