February 21, 2017 11:42 AM ET

Industrial Conglomerates

Company Overview of Future Group

Company Overview

Future Group, through its subsidiaries, engages in the businesses of multi-format retail, insurance, and supply chain and logistics services in India. Its multi-format retail business includes hypermarkets and supermarkets, home retailing, consumer durables retail, fashion retail, food retail, and FMCG retail. The company’s insurance business comprises life and non-life insurance services and products. It also offers supply chain solutions, which include supply chain consulting; distribution and transportation network analysis and design; warehouse and facility modeling and layout, including evaluation of infrastructure and mechanization needs; evaluation and implementation of technology; la...

Plot No. 117, Road No. 18

Opp. Army & Navy Press

MIDC, Marol

Andheri- East

Mumbai,  400 093

India

Phone:

91 22 6708 9500

Fax:

91 22 6708 9501

Key Executives for Future Group

Founder, Group Chief Executive Officer and Director
Age: 56
Managing Director of Future Supply Chain Solutions and Chief Executive Officer of Future Supply Chain Solutions Ltd.
Chief Executive Officer of Future Brands India Ltd. and Managing Director of Future Brands India Ltd.
Age: 53
Chief Executive Officer of Pantaloon Retail
Age: 60
Managing Director of Agre Developers Ltd.
Age: 46
Compensation as of Fiscal Year 2016.

Future Group Key Developments

Future Group May Acquire Retail Business Of Heritage Foods

Future Group is in advanced discussions to acquire the retail business of Heritage Foods Limited. The deal may involve a share swap, besides a cash component.

Future Mulls Acquisitions

Future Group, which has launched Central Store in Aerocity in New Delhi, is looking for acquisitions. Chief Executive Officer, Kishore Biyani said that the company would be looking for acquisitions going forward.

Future Group Is In Talks With Aditya Birla To Buy More Supermarket Business

Future Group is in early discussions with Aditya Birla Retail Limited to buy or merge the latter's More supermarket business to consolidate its leadership in the brick-and-mortar retail sector and to build a large network of stores that could be leveraged in alliance with ecommerce companies for multi-channel sale of food and groceries. Two persons aware of the development said the discussions, which began a while ago and then got suspended, resumed recently. "While the discussions are still exploratory, the Future Group is preparing to conduct a due diligence exercise for a possible merger or acquisition," said one of these persons. But he added that there was no guarantee that these talks will culminate in a deal.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 21, 2016
Unilever India Exports Limited
 

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