Career
According to Companies House, Evans started his first firm, Associated Promotions, in 1983 when corporate hospitality was a relatively new market. By 1992 he had renamed his company The Hospitality Group (THG Sports Tours) and he bought into a clothing and gifts company, Castle Mills International, but within a year sold out to investor Brian Rousell. THG Sports Tours is now part of the wider Marcus Evans Group. In 1994 he paid £325,000 for a stake of just under 5 per cent in the consumer electronics group Ross, but in 1999, having spent 5 years reorganising the companies with the companies bankers eventually Evans fully arranged a rights issue with other investors who took over the company. In 2004 Evans made an unsuccessful £700+ million offer for the Daily Mirror, followed by another rejected offer of £550+ million in 2006.
Read more about this topic: Marcus Evans
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