TheAmalgamations Group,formerly calledSimpson Group,is an Indian business conglomerate based inChennaiwhich has several business interests in Manufacturing Tractors, Automobile ancillaries, Plantation, Trading and services.[1]The most notable being theTractors and Farm Equipment Limited,Simpsons & Company, Bimetal Bearings, India Pistons, T. Stanes & Co,Amco Batteries,Higginbotham'sand Addisons Paint. The group today has over 47 companies with 50 manufacturing plants.[2][3]
 | |
| Company type | Public limited |
|---|---|
| Industry | Conglomerate |
| Founded | 1945 |
| Founder | S. Anantharamakrishnan |
| Headquarters | Chennai,Tamil Nadu,India |
Key people | A. Krishnamoorthy (Chairperson) |
| Products |
|
| Revenue | ₹83billion(2020) |
| ₹30.44billion (2020) | |
Number of employees | 12,000 (2016) |
| Website | www |
History
editThe Amalgamations Group was established byS. Anantharamakrishnan[4]who during the early 1940s was a Director at Simpsons & Co.
In 1945, he took over the management and later consolidated several British owned companies with interests in plantation, engineering, trading and services.[5][6]According to popularChennai-based historianS. Muthiah,the successful takeover was the result of an overheard conversation at a Hotel Connemara.[6]
External links
editReferences
edit- ^"Tata Sons chairman to get MMA Business Leadership Award".The Times of India.27 February 2024.
- ^Anand, N. (11 April 2024)."Amalgamations arm Simpsons plans to develop e-power weeders".The Hindu.
- ^Vijayakumar, Sanjay (6 October 2023)."NCLAT rules in favour of Amalgamations Ltd., rejects appeal filed by minority shareholder".The Hindu.
- ^Muthiah, S.(21 May 2003)."The road to amalgamation".The Hindu.Archived fromthe originalon 10 July 2003.
- ^Parthasarathy, Anusha (15 November 2011)."Survivors of Time: Higginbothams".The Hindu.Chennai, India.
- ^abMuthiah,Pg 53