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The Arora brothers, Simon, Bobby, and Robin run and own discount retailer B&M Retail. The company, which they bought in 2005 from failed retailers and now has 280. The Merseyside-based operation is worth £399 million. Other assets add £88 million. Robin has an MBA from Reading and handles the property side of the business. In 2010, the Aroras moved their headquarters from Blackpool to a new £24 million distribution center in Liverpool. The brothers sold their first operation, Orient Sourcing Services, for a £30 million profit.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2017 |
Earnings |
Annual revenue of the business B&M European Retail Value S.A. as the company's director |
$3,270,000,000 |
|
2017 |
Sale of Asset |
Sale of a 60 per cent stake in B&M to Leahy |
$511,070,000 |