Associated British Foods
Associated British Foods plc (ABF) is a British multinational food processing and retailing company headquartered in London, England.
Formerly | George Weston Holdings plc (1934–1994) |
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Company type | Public limited company |
Traded as | LSE: ABF FTSE 100 Component |
Industry |
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Founded | 20 October 1935 |
Founder | W. Garfield Weston |
Headquarters | London, England, UK |
Area served | Worldwide |
Key people |
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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) |
Owner | Wittington Investments (54.5%) |
Number of employees | 133,000 (2024) |
Subsidiaries |
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Website | abf |
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.