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Rigby Group

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Rigby Group (RG) plc
Company typePrivate limited company
Founded1975
Headquarters,
Key people
Sir Peter Rigby, Founder & Chairman
Steve Rigby, Co-Chief Executive Officer
James Rigby, Co-Chief Executive Officer
George Campion, Non-Executive Director
Revenue£2.86 billion Increase5.5% (FY20)
Number of employees
~8,500 (2020)
Websitewww.rigbygroupplc.com

The Rigby Group is the parent company of several privately owned businesses operating across Europe, the Middle East and North Africa.

Rigby Group’s date of incorporation is listed as 1997 by Companies House; however, The Rigby Group’s business and trading activities date back to 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 TimesTop Track 100 listing of the UK’s fastest growing private enterprises.[2][3]

History

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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.[citation needed]

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]

In 2023, the group established Project Sequoia, an initiative to track its progress toward achieving a net zero target by 2040.

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, alongside Haatch and the West Midlands Co-Invest Fund, the group funded an initiative named ‘One to Win’ that was launched at London Tech Week. The initiative aims to award a single tech start-up firm from the West Midlands region a £1 million prize at Birmingham Tech Week in October 2024. [22]

The Rigby Group is currently headquartered in Stratford-upon-Avon.[23]

Activities

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Rigby Group has six key divisions: Technology (Peter Rigby founded SCC, Specialist Computer Centres, in 1975), Airports, Real Estate, Finance, Hotels, and Aviation.

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

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