The V H Group is an Indian conglomerate primarily comprising companies related to the poultry industry, including processed food, animal vaccines, human and animal pharmaceutical and healthcare products.. It was founded as Venkateshwara Hatcheries Pvt Ltd in 1971 in Pune, India. It uses the abbreviated name Venky's to refer to the group and within names of its constituent companies and their products. It is also the owner of English football club Blackburn Rovers.
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Group profile
The V H Group is owned and controlled by the family of its founder B. V. Rao. His daughter, Anuradha Desai, has served as group chairperson since his death in 1996. His sons Balaji and Venkatesh Rao sit on the board of the group's companies.
The V H Group has its headquarters in Pune, and has offices in London, Morocco, Switzerland, Syria, South Africa, Brazil, Moscow, UAE, Singapore, Bangladesh, Vietnam, Indonesia and The Philippines. The Group has production plants in India, Vietnam, Bangladesh and Switzerland, and exports to 42 countries across the world.
In December 2010, the group launched Venky's Xprs, a fast food restaurant specializing in chicken. The first outlet opened in Pune, India.
Sport
Blackburn Rovers
In November 2010 the group took over English Premier League football club Blackburn Rovers FC, acquiring a 99.9% stake through a new holding company, Venky's London Ltd. The deal was worth £43 million including taking on around £20 million of the club's debt.
After sacking Sam Allardyce as the club's manager, Steve Kean was appointed in his place, raising media concern as Kean's agent Jerome Anderson had advised Venky's during its takeover of the club. Venky's oversaw an unsuccessful period resulting in relegation to the Championship after the 2011-12 Premier League season ending the club's 11-year run in the top flight, then a further relegation to the third-tier EFL League One after the 2016-17 season. Despite Kean leaving Blackburn Rovers in September 2012, criticism of Venky's running of the club has continued, with both fans and the media calling them into question. In September 2016 Venky's publicly stated their commitment to the club.
Other sports
The group sponsors the Mumbai Fighters team in the World Series of Boxing and has sponsored the Indian Premier League, the ATP Mumbai Tennis Tournament and the Champions League Twenty20.
Businesses
The group includes
- Venkateshwara Hatcheries Pvt. Ltd.
- Venky's (India) Limited
- VENCO
- VRB
- B.V.Bio-Corp Pvt. Ltd.
- Uttara Foods & Feeds Pvt. Ltd.
- Uttara Impex Pvt. Ltd.
- Eastern Hatcheries Ltd.
- Venky's Brazil Ltd.
- Venky's London Ltd. (holding company for Blackburn Rovers F.C.)
- Venky's Vietnam Ltd.
- Venky's Singapore Pvt. Ltd.
- VH Group Bangladesh
- Bala Industries & Entertainment Pvt. Ltd.
Key People
- Anuradha Desai (Chairperson)
- B Venkatesh Rao (Vice-Chairman)
- B Balaji Rao (Managing Director & CEO)
- Lokesh Yadav (Director)
- A G Bauskar (Company Secretary)
- Jittendra M Desai (Director)
- C Jagapati Rao (Founder Director)
- Ashok Mahajan (Director)
- Surinder Kumar (Director)
- Amrit Kapur (Director)
- Rajeshwar Singh (Direct)
Source of the article : Wikipedia
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