 | |
| Company type | Private |
|---|---|
| Industry | |
| Founded | 1996 |
| Founder | Parduman K. Gupta |
| Headquarters | , England |
Areas served | Businesses at 200 locations; trading business in 60 countries[1] |
Key people | Sanjeev Gupta |
| Owners | Members of the Gupta family |
Number of employees | More than 11,000 (2018) |
| Website | www |
SIMEC Group Ltd is a British international energy and natural resources business focused on resources, sustainable power, infrastructure, and commodities trading.[2] In 2016 it had an annual turnover of almost USD2.5 billion and net assets of USD350 million. It is part of the Gupta Family Group ("GFG") Alliance, owned by members of the Gupta family, which had a combined turnover of more than USD13 billion and combined net assets of more than USD2.3 billion. Its activities span renewable energy generation, mining, shipping, and commodities trading.[3]
The group was founded in 1996 by Parduman K. Gupta,[4] whose son, Sanjeev Gupta, had established Liberty House Group in 1992.[5] Both SIMEC Group and Liberty House Group are independent companies within the GFG Alliance, of which Sanjeev Gupta became executive chairman.[6]
- ^ John, Nevin (1 July 2018). "Stress reliever". Business Today. Retrieved 20 November 2020.
- ^ "SIMEC Group". SIMEC Group. 2020. Retrieved 20 November 2020.
- ^ "About us". SIMEC Group. 2020. Retrieved 20 November 2020.
- ^ "Our History". GFG Alliance. 2020. Retrieved 20 November 2020.
- ^ "Company Overview of Liberty House Ltd". Bloomberg. Bloomberg. Retrieved 7 April 2016.
- ^ "Whyalla steelworks owner Sanjeev Gupta buys majority stake in renewable firm Zen Energy". 20 September 2017. Retrieved 20 November 2020.