ABF
ABF owns Primark, a value clothing chain with 473 stores in 17 countries, plus food, ingredients, sugar and agriculture businesses including Twinings, Ovaltine and Kingsmill, and plans to demerge Primark from the Food businesses by December 2027.
A family charity controls ABF.
The Garfield Weston Foundation owns most of Wittington, which holds a majority of ABF shares.
How big is ABF?
Primark is nearly half of sales.
- Retail49%£9.49B
- Grocery21%£4.12B
- Sugar11%£2.05B
- Ingredients11%£2.04B
- Agriculture8%£1.62B
Sell value clothes. Make food and ingredients.
- 1Value clothing at Primark
- 2Branded groceries
- 3Yeast, ingredients, sugar
Each business decides locally, and ABF now plans to split Primark from the food businesses.
- Controlling shareholders combined (Wittington, trustees of the Garfield Weston Foundation and concert-party family members)62.8%
- Wittington Investments Limited (with Howard Investments Limited)58.8%
CEO: George Weston
- 1935Garfield Weston founds Allied Bakeries
- 1958Garfield Weston Foundation set up
- 1964Acquires Twinings
- 1969Founds Primark in Dublin
- 1991Acquires British Sugar
Every number on this page comes from ABF's own reports.
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