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1 History  





2 External links  





3 References  














Amalgamations Group






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From Wikipedia, the free encyclopedia
 


Amalgamations Group
Company typePublic, Limited
IndustryConglomerate
Founded1945; 79 years ago (1945)
FounderS. Anantharamakrishnan
HeadquartersChennai, Tamil Nadu, India

Key people

S. Anantharamakrishnan (Chairman)
ProductsTractors, Diesel engines, Automobile parts, Tea plantation, Retail stores
Revenue₹83 billion (2020)

Net income

₹30.44 billion (2020)

Number of employees

12,000 (2016)
Websitehttp://amalgamationsgroup.co.in/

The Amalgamations Group (a.k.a. Simpson Group) is an Indian business conglomerate based in Chennai which has several business interests in Manufacturing Tractors, Automobile ancillaries, Plantation, Trading and services.[1] The most notable being the Tractors and Farm Equipment Limited (Better known as TAFE), Simpsons & Company, Bimetal Bearings, India Pistons, T. Stanes & Co, Amco Batteries, Higginbotham's and Addisons Paint. The group today has over 47 companies with 50 manufacturing plants.[2][3]

History[edit]

The Amalgamations Group was established by S. 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 popular Chennai historian S. Muthiah, the successful takeover was the result of an overheard conversation at a Hotel Connemara.[6]

External links[edit]

References[edit]

  1. ^ "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 from the original on 10 July 2003.
  • ^ Parthasarathy, Anusha (15 November 2011). "Survivors of Time: Higginbothams". The Hindu. Chennai, India.
  • ^ a b Muthiah, Pg 53

  • Retrieved from "https://en.wikipedia.org/w/index.php?title=Amalgamations_Group&oldid=1220348739"

    Categories: 
    Engineering companies of India
    Companies based in Chennai
    Conglomerate companies established in 1945
    Diesel engine manufacturers
    Indian companies established in 1945
    Companies listed on the Bombay Stock Exchange
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    This page was last edited on 23 April 2024, at 06:43 (UTC).

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