PERTH, August 2020 Grays, one of Australia’s largest online marketplaces, is set for more growth with the acquisition of WA’s market leading online auction business, Gregsons auctioneers & valuers. Based in Perth, Gregsons is a 91-year-old business that is highly regarded as one of the state’s most reputable auction & valuation platforms.

Gregsons is the industry leader in online auctions for heavy earth moving, mining, & plant and equipment in its home state of WA. Gregsons also has unique nationwide asset valuation capabilities across both new & used equipment.

The purchase brings significant scale benefits to Grays and its Australian customer base of over 3 million individuals and businesses. The acquisition will strengthen the unique bridge Grays is creating between Australia’s east and west coasts by combining the Grays marketplace and leading ecommerce technologies with Gregsons’ nearly 100 years of state based knowledge, relationships & valuations capabilities.

Chris Corbin, Chief Executive Officer at Grays, said “We’re excited to welcome Gregsons into the Grays family. The integration of the Gregsons business will provide a larger vendor base to buyers in Western Australia, while vendors will benefit from the significant scale of the Grays marketplace which receives over 2 million unique visitors each month. In addition, combining Gregsons valuation capabilities with Grays e-commerce technologies will provide a more wholistic asset management offering for our combined customers”.

Jack Gregson, General Manager & Director at Gregsons said “Our team are thrilled to be joining Grays and are excited to continue to provide the same trusted service to our customers and clients that we have done since 1929, with the advantage of now using Grays marketplace. The purchase will allow our existing team to provide a whole new level of capability to our buyers and sellers across the globe. I’m also personally excited to join the innovative Grays leadership team.”

The Gregsons acquisition promises to further solidify Grays as the leading marketplace, revolutionizing how assets are being sold and purchased throughout the world. Grays is enjoying a period of significant growth and continues to invest in technology and marketing to make buying and selling easy, efficient and transparent.

About Grays:
Grays is the largest industrial and automotive marketplace in Australia with over 2 million unique visitors each month. Offering a huge range of consumer, commercial and industrial goods including rare and unique items, Grays is revolutionizing how assets are being sourced, sold and purchased throughout the world. A best in class e-commerce platform and commitment to customer service makes buying and selling with Grays easy, efficient, fair and transparent.

Press Enquiries:
To arrange an interview, please contact:
Chris Corbin, CEO, Grays
M: +61 413 627 724

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