Gala Surpassed John Lewis Partnership
By Joni Hawk, Jul 4th 2006UK ? As reported by the Scotsman: For three years John Lewis Partnership was the leading gambling company until last year when Coral Eurobet took the place. This year, Gala, the Betting and Bingo Company is expected to top biggest firm list, as its £2.18bn acquisition of Coral last October created a group with combined sales well north of £6bn.
John Lewis reported turnover of £5.1bn ex-VAT, so Gala?s sales figure are higher. Also, the deal made with Coral Eurobet turned Gala into Britain's biggest private equity owned business.
Now in its fifth year, the table ranks Britain's 100 biggest private companies by latest sales and this year gambling firms and retailers feature among the biggest in the country. Among the bookies list is Bet Fred Company. Also, Bet365 surprises and appears for the first time in the list.
John Lewis reported turnover of £5.1bn ex-VAT, so Gala?s sales figure are higher. Also, the deal made with Coral Eurobet turned Gala into Britain's biggest private equity owned business.
Now in its fifth year, the table ranks Britain's 100 biggest private companies by latest sales and this year gambling firms and retailers feature among the biggest in the country. Among the bookies list is Bet Fred Company. Also, Bet365 surprises and appears for the first time in the list.
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