Liberty House founder Sanjeev Gupta considering flotation of one of his businesses within the next couple of years

 
Francesca Washtell
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Sanjeev Gupta has emerged as one of the UK's leading industrial investors (Source: Getty)

The industrialist behind Liberty House, which almost bought Tata Steel’s UK assets this year, is weighing a flotation of one of his businesses in the next couple of years.

Sanjeev Gupta, executive chairman of Liberty House and executive chairman of the Strategic Board of GFG Alliance, has said either his burgeoning banking and financial services project or a renewable power business under his father’s business Simec would be good candidates to enter the public market.

Read more: Liberty House founder to launch new "industry friendly" UK bank

Other public ventures, such as a bond, are also being considered.

Gupta also foresees the potential for the UK to have an industrial “renaissance” in the coming years, which the UK’s Brexit vote will bolster because it will push the economy to be more “self-sufficient”.

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