The Amalgamations Group, formerly called 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 group today has over 47 companies with 50 manufacturing plants.[2][3]
Businesses
The most notable businesses operated by the group are as follows:
- Tractors and Farm Equipment Limited
- Amco Batteries
- Simpsons & Company
- Bimetal Bearings
- India Pistons
- T. Stanes & Co
- Higginbotham's
- Addisons Paint
History
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-based historian S. Muthiah, the successful takeover was the result of an overheard conversation at a Hotel Connemara.[6]
External links
References
- Tata Sons chairman to get MMA Business Leadership Award The Times of India, 27 February 2024^
- N. Anand. Amalgamations arm Simpsons plans to develop e-power weeders The Hindu, 11 April 2024^
- Sanjay Vijayakumar. NCLAT rules in favour of Amalgamations Ltd., rejects appeal filed by minority shareholder The Hindu, 6 October 2023^
- S. Muthiah. The road to amalgamation The Hindu, 21 May 2003^
- Anusha Parthasarathy. Survivors of Time: Higginbothams The Hindu, 2011-11-15^
- Muthiah, Pg 53^