Associated British Foods

Associated British Foods plc (ABF) is a British multinational food processing and retailing company headquartered in London, England.

Associated British Foods plc
FormerlyGeorge Weston Holdings plc (1934–1994)
Company typePublic limited company
Traded as
LSE: ABF
FTSE 100 Component
Industry
Founded20 October 1935 (1935-10-20)
FounderW. Garfield Weston
HeadquartersLondon, England, UK
Area served
Worldwide
Key people
Products
Revenue £19.750 billion (2023)
£1.383 billion (2023)
Net income
£1.068 billion (2023)
Total assets £18.844 billion (2023)
Total equity £11.193 billion (2023)
OwnerWittington Investments (54.5%)
Number of employees
133,000 (2024)
Subsidiaries
Websiteabf.co.uk

Its ingredients division is the world's second-largest producer of both sugar and baker's yeast and a major producer of other ingredients including emulsifiers, enzymes and lactose. Its grocery division is a major manufacturer of both branded and private label grocery products and includes the brands Mazola, Ovaltine, Ryvita, Jordans, Kingsmill and Twinings. Its retail division, Primark, has some 384 stores across several countries, predominantly Germany, Ireland, Netherlands, Spain, and the UK. ACH Food Companies is an American subsidiary.

Associated British Foods is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.