SIMPLE Group Limited is a
conglomeration of separately run companies that each has its core area in International Consulting. The core business areas are Legal Services, Fiduciary Activities, Banking Intermediation and Corporate Service.
The date of incorporation is listed as 1999 by Companies House of Gibraltar,
who class it as a
holding company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
; however it is understood that SIMPLE Group's business and trading activities date to the second part of the 90s, probably as an incorporated body.
SIMPLE Group Limited is a
conglomerate
Conglomerate or conglomeration may refer to:
* Conglomerate (company)
* Conglomerate (geology)
* Conglomerate (mathematics)
In popular culture:
* The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes
** ...
that cultivate secrecy, they are not listed on any Stock Exchange and the group is owned by a complicated series of
offshore trusts. The Sunday Times stated that SIMPLE Group's interests could be evaluated at £77 million; the shareholders are understood to be a group of Swiss Private Banks' owners.
Each of the companies operating under the SIMPLE Group umbrella is independent, with most being majority owned by SIMPLE Group, while previous owners still hold minority stakes. Occasionally, They simply license the SIMPLE brand to a company that has purchased a division or service from them.
With a few exceptions, none of the companies began as wholly owned SIMPLE Group's subsidiaries but instead were acquired from different previous owners.
Footnotes
External links
*
Official Registrar of Companies in GIBRALTAR
{{DEFAULTSORT:Simple Group
Financial services companies of Gibraltar