SIMEC Group

SIMEC Group Ltd is a British international energy and natural resources business focused on resources, sustainable power, infrastructure, and commodities trading. 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.

SIMEC Group Ltd
Company typePrivate
Industry
Founded1996
FounderParduman K. Gupta
Headquarters
London
,
England
Areas served
Businesses at 200 locations; trading business in 60 countries
Key people
Sanjeev Gupta
OwnersMembers of the Gupta family
Number of employees
More than 11,000 (2018)
Websitewww.simec.com

The group was founded in 1996 by Parduman K. Gupta, whose son, Sanjeev Gupta, had established Liberty House Group in 1992. Both SIMEC Group and Liberty House Group are independent companies within the GFG Alliance, of which Sanjeev Gupta became executive chairman.

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