Amalgamations Group

Amalgamations Group
Public Limited
Traded as BSE: xxxx
Industry Engineering, Plantation, Trading and Services Conglomerate
Founded 1945
Founder S. Anantharamakrishnan
Headquarters Chennai, Tamil Nadu, India
Area served
Worldwide
Key people
Mallika Srinivasan (Chairperson and Managing Director)
Products Tractors, Diesel engines, Automobile parts, Tea plantation, Retail stores,
Number of employees
12,000 (2016)
Website amalgamationsgroup.co.in

The Amalgations 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. The most notable being the Tractors and Farm Equipment Limited (Better known as TAFE), Simpsons & Company, T.Stanes & Co, Amco Batteries, Higginbotham's and Addisons Paint. The group today has over 47 companies with 50 manufacturing plants.

History

The Amalgations Group was established by S. Anantharamakrishnan[1] 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.[2][3] According to popular Chennai historian S. Muthiah, the successful takeover was the result of an overheard conversation at a Hotel Connemara.[3]

References

  1. Muthiah, S. (May 21, 2003). "The road to amalgamation". The Hindu.
  2. Parthasarathy, Anusha (2011-11-15). "Survivors of Time: Higginbothams". The Hindu. Chennai, India.
  3. 1 2 Muthiah, Pg 53
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