Gapuma Group Acquires Equity Stake in Servaco PPS, Ghana’s Leading Industrial and Mining Supply Company
PRESS STATEMENT: FOR IMMEDIATE RELEASE
1 May 2026
Gapuma Group, the London-based multinational commodities company serving customers through its warehousing and distribution network, today announces the acquisition of an equity stake in Servaco PPS Limited (SPPS), one of West Africa’s foremost industrial and mining supply companies. Founder Rudolph Opata Matey retains his stake and continues as Managing Director.
The partnership represents Gapuma’s most significant strategic investment to date on the African continent, and marks a new chapter in the Group’s long-standing commitment to building durable, operational businesses across emerging markets.
Servaco PPS – headquartered in Tema, Ghana – was founded in 1998 and has grown over more than two decades into the region’s most comprehensive industrial supply and services company. Operating across Ghana, Sierra Leone and Burkina Faso, it serves the mining, quarrying, construction, oil and gas, marine, power, water and telecoms sectors, supplying products from over 30 of the world’s leading industrial brands. Its subsidiary, Servmet Technical Services, provides specialist equipment repair, refurbishment and engineering services, including a newly inaugurated engineering workshop in Ghana.
Jack Bardakjian, Group Managing Director of Gapuma, said:
“SPPS has built something genuinely impressive – a business with real roots, real clients and a reputation earned through consistent delivery in one of Africa’s most demanding industrial environments. Our role is not to change what works, but to give Rudolph and his team the operational backbone and supply chain infrastructure to execute at a higher level. This is exactly the kind of partnership we have been looking for in West Africa.”
Rudolph Opata Matey, Managing Director of Servaco PPS, said:
“This partnership enables SPPS to deliver even greater value to our customers while building a stronger, more sustainable business. Gapuma’s operational expertise complements our deep knowledge of Ghana’s industrial and mining sectors. Together, we are better positioned to meet the evolving needs of our customers and create opportunities for our team.”
The investment will strengthen SPPS’s working capital base, enhance its procurement and supply chain capabilities, and support further expansion across Ghana and West Africa. Gapuma brings to the partnership its global sourcing network – spanning more than 50 countries – and its established expertise in procurement, logistics and supplier development across Africa, Asia and Europe.
Current management and staff remain fully in place. Day-to-day operations continue under the same leadership, with planned growth in technical and commercial capabilities to follow.
About Gapuma Group
Founded in London in 1999, Gapuma Group is an award-winning sourcing, procurement and logistics specialist with global reach. The Group sources products from more than 30 countries and delivers to over 50 countries worldwide, with particular depth of experience across Africa. Operating from its London headquarters, Gapuma serves clients across multiple sectors – including industrial, chemical, agricultural and energy – managing every link in the global supply chain from procurement and finance to logistics and final delivery.
About Servaco PPS Limited
Servaco PPS Limited is a leading Ghanaian provider of industrial products, technical services and supply chain solutions, serving the mining, quarrying, construction, oil and gas, marine, power, water and telecoms sectors across West Africa. Founded in 1998 and headquartered in Tema, Ghana, the company operates through strategic hubs in Ghana, Sierra Leone and Burkina Faso, and supplies products from more than 30 of the world’s leading industrial brands. Its subsidiary, Servmet Technical Services, delivers specialist engineering and equipment services to major mining and industrial clients across the region.