The former contracting arm of MJ Gleeson this week unveiled an ambitious three-year growth plan as it announced it is finally dropping the Gleeson name. Gleeson Building, formed after a buyout from its troubled parent in 2005 (see box), is rebranding as GB Building Solutions. Martin Smout, the chief executive who led the buyout, said it had made a pound;908,000 pre-tax profit for the year ended 31 June 2007, an eightfold increase on the figures for the previous period. Turnover was pound;177.5m.
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