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The CNG Family of Companies dates back to 1971 when Mr. & Mrs. Charles Patel opened their first CTN (Confectionery, Tobacco & Newspaper) store, Capital Newsagents, in Paddington, Central London. |
| The shop was an immediate success and over the next few years numerous additional stores in Central London were added. Capital Newsagents Group continued growing rapidly in throughout the 1970s and 1980s acquiring numerous independent, local and national newsagent chains. |
| In 1984, our Maynews brand was set up to operate stores in the North and South West of the United Kingdom. |
| Around the same time, an ice-cream buying group was also launched to aggregate and provide smaller retailers with more competitive terms on their ice-cream purchases from the Wall’s company. This buying group, now operated by CNG Business Services, has expanded in size and scope. Today it has over 2,500 business members throughout the UK who purchase everything from electricity through to insurance, merchant services and E Top-Up. As this company has grown, we have moved our sales and marketing function to our office in Mumbai, India and we now also provide third party outsourcing too. To find out more about this visit – www.cngbs.com. |
| The growth of the company has enabled the acquisition of all asset classes of real estate across the United Kingdom. Our portfolio includes industrial, residential, commercial and retail properties. We now operate, for ourselves and for third parties, in the fields of investment, advisory services, development and asset management. Most of these activities are now overseen by our GroupSP company, online at www.groupsp.com. |
| In 2007, we started operations in Poland where we are involved in real estate investment, under the brand of CNG Polska, online at www.cngpolska.com. We are developing a block of apartments in Poland’s second city, Lodz. |
| In 2009, we launched our new-format CTN store, Thrive News, at the Westfield shopping centre in West London. Here we are working with a compact layout to provide a premium impulse shopping environment. To find out more about our retail stores, please visit – www.thrivenews.com. |
| We are constantly looking for new investment opportunities and regularly make equity investments into other sectors. We are looking for opportunities where we can bring not only our capital, but also our extensive network of contacts and management expertise. |
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