Rigby Group Explained

Rigby Group (RG) plc
Type:Private limited company
Foundation:1975
Location City:Stratford-upon-Avon
Location Country:UK
Key People:Sir Peter Rigby, Founder & Chairman
Steve Rigby, Co-Chief Executive Officer
James Rigby, Co-Chief Executive Officer
George Campion, Non-Executive Director
Num Employees:~8,500 (2020)
Revenue:£2.86 billion 5.5% (FY20)

The Rigby Group is the parent company of several privately owned businesses operating across Europe, the Middle East and North Africa. The Rigby Group, incorporated in 1997, began its business activities in 1975. The net assets of The Rigby Group are estimated at over £500 million at the end of 2023.[1]

In 2013 the company was ranked 13th in the Sunday Times’ Top Track 100 listing of the UK’s fastest growing private enterprises.[2] [3]

History

The Rigby Group was originally founded as a small computer recruitment company based in Birmingham, named Specialist Computer Recruitment (SCC).[4]

In May 1992, Sir Peter Rigby established the Rigby Foundation[5] to invest in charitable causes relating to lifelong learning, health and education.[6] The group’s hotel division, the Eden Hotel Collection, was founded in 1995[7] and currently comprises five hotels across the Midlands and South West of England.[8]

In 2006, the group launched its real estate division, Rigby & Rigby.[9]

In 2010, the group acquired Coventry Airport from West Midlands Airport Ltd[10] after it was forced to close in 2009 due to debt.[11]

In 2013, the group expanded its aviation division by acquiring British International Helicopters (BIH).[12]

In June 2013, the group acquired Exeter Airport from Balfour Beatty.[13] Sir Peter Rigby commented "that the purchase price was "significantly south" of the £60m paid by Balfour Beatty in 2007".[14]

The following week, the group announced it had also acquired Regional and City Airport Management Limited from Balfour Beatty Plc and became responsible for the overall operation of Blackpool and City of Derry and Solent airports.[15]

In 2014, the group acquired Norwich Airport acquired for an undisclosed sum.

In September 2014, the group’s aviation division completed the acquisition of Capital Air Charter in Exeter, bringing both Capital Air Charter and Capital Air Ambulance services into the Rigby Group.[16]

In 2017, the group acquired Helen Green Design[17] and, in the following year, acquired Lawson Robb to bring together with their own design firm, Rigby & Rigby. Since 2018, these firms have all operated under the new Rigby Group Allect Design banner.[18]

In 2017, the group also acquired Bournemouth Airport from Manchester Airports Group (MAG).[19] As of 2018, the group’s financial services division consisted of three companies: FluidOne, Nuvias and Rigby Capital.[20]

According to the 2023 Global Family Index published by EY and the University of St Gallen, The Rigby Group is one of the 500 largest family businesses globally.[21]

In June 2024, the Rigby Group, in collaboration with Haatch and the West Midlands Co-Invest Fund, funded the ‘One to Win’ initiative, which aims to support tech start-ups in the West Midlands region.[22]

The Rigby Group's headquarters are located in Stratford-upon-Avon.[23]

Activities

Allect is an international design group. It is the stable for Rigby Group’s design and delivery business. The Allect design group comprises founding member Rigby & Rigby, Helen Green Design (acquired in 2017),[24] and Lawson Robb (acquired in 2018).[25]

References

  1. Web site: Salter . Philip . Steve Rigby On Leadership, Legacy And Long-Term Thinking . 2024-07-18 . Forbes . en.
  2. Channel firms toast Top Track triumph, 26/6/13 http://www.channelweb.co.uk/crn-uk/news/2277625/channel-firms-toast-top-track-triumph..
  3. Web site: SCC drives 65% profit rise for Rigby Group. 2015-08-07. 2021-04-05. The Times. Hipwell. Deirdre.
  4. News: Tovey . Alan . 2017-06-24 . Sir Peter Rigby: 'entrepreneurs aren't made, they're born - the mentality is in their genes' . 2024-07-18 . The Telegraph . en-GB . 0307-1235.
  5. Web site: The Sir Peter Rigby Charitable Trust - Charity 1011259 . 2024-07-18 . register-of-charities.charitycommission.gov.uk . en-GB.
  6. Web site: Helping the next generation sustain an entrepreneurial spirit . 2024-07-18 . www.ey.com . en-gl.
  7. Web site: Our Story The Eden Hotel Collection Group . 2024-07-18 . Eden Hotel Collection Group . en-US.
  8. Web site: 2018-09-28 . Best year ever for Stratford's Rigby Group . 2024-07-18 . Stratford Herald . en.
  9. Web site: Rigby Group Residential Real Estate: Luxury Living Redefined . 2024-07-18 . www.rigbygroupplc.com . en.
  10. Web site: Waddington . Jenny . 2014-06-13 . Coventry Airport owner buys third UK airport . 2024-07-18 . Coventry Live . en.
  11. Web site: Coventry Airport shuts down . 2024-07-18.
  12. Web site: Patriot Aerospace Group buys most of British International Helicopters . 2024-07-18 . Corporate Jet Investor . en-US.
  13. News: 2013-06-26 . Exeter International Airport sold to Rigby Group PLC . 2024-07-18 . BBC News . en-GB.
  14. Web site: Balfour Beatty pulls out of Exeter airport . 2024-07-18 . www.ft.com.
  15. Web site: 2013-07-08 . Coventry Airport owner Rigby Group announce major deal . 2024-07-18 . Coventry Live . en.
  16. Web site: Rigby Group acquires Capital Air Charter . 2024-07-18 . Corporate Jet Investor . en-US.
  17. Web site: 2018-12-18 . Helen Green Joins With Allect International - Helen Green . 2024-07-18 . Helen Green Design . en-GB.
  18. Web site: 2018-06-05 . Rigby Group assembles London’s largest resi design practice . 2024-07-18 . PrimeResi . en-GB.
  19. News: Tovey . Alan . 2017-12-05 . Bournemouth airport bought by Rigby Group as 'mini-conglomerate's' aviation ambitions take off . 2024-07-18 . The Telegraph . en-GB . 0307-1235.
  20. Web site: Lea . Robert . Rigby’s financial technology businesses to fly solo . 2024-07-18.
  21. Web site: Rigby . Steve . 2024-07-18 . Backing Britain’s family firms is key for their long-term success . 2024-07-18 . www.thetimes.com . en.
  22. https://www.msn.com/en-gb/money/other/new-competition-offers-west-midlands-tech-firm-1m-prize/ar-BB1o3vQw
  23. News: Brexit 'business warnings come to pass' . 2024-07-18 . BBC News . en-GB.
  24. Web site: 18 December 2018 . Helen Green Joins Allect International Design Group . www.helengreendesign.com.
  25. Web site: 5 June 2018 . Rigby Group assembles London's largest resi design practice . primeresi.com.