Vipul malhotra family newcastle
Vipul malhotra family newcastle united.
North East Family-Owned Company Achieves PLC Status
A LEADING, PRIVATELY owned North East company has achieved PLC status, following on from a three year rationalisation process across all of its business interests.
Vipul malhotra family newcastle
Newcastle-based Malhotra Group PLC, which operates in the leisure, property and care home sectors, brought together its 26 companies and partnerships and consolidated them within one group. The Group, originally established through its founding company in 1991, has become a North East success story with a turnover that has seen growth year on year, from £19.5m in 2013 to £22m in 2014 and to a predicted £25m this year.
Currently employing around 1000 people, the Malhotra Group has already embarked upon a major five year expansion plan which should see staff numbers double by 2020. Malhotra Group, which now includes a second generation family member on the Board, is part of Malhotra Family Holdings which has interests in both the UK and in India.
The shares in Malhotra