- CEO
- George Garfield Weston
- Full Time Employees
- 138,000
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Address
- Weston Centre London United Kingdom W1K 4QY
- IPO Date
- Oct 15, 2010
- Business
- Associated British Foods plc operates as a diversified international food, ingredients and retail group with operations in 56 countries across Europe, Africa, the Americas, Asia and Australia. The company produces and sells grocery products including hot beverages such as Twinings tea and Ovaltine, sugars and sweeteners under Silver Spoon, vegetable oils via Mazola, balsamic vinegars, bread and baked goods through Kingsmill and Allinson brands, cereals, ethnic foods and meat products; ingredients encompassing yeast and bakery components via Fleischmann's, enzymes, yeast extracts, specialty lipids, esters, specialty flours and pharmaceutical delivery systems; sugar from beet and cane processing in the UK, Spain and Africa; agriculture offerings of specialty feed ingredients, premixes and compound animal feeds; and retail clothing and accessories through Primark stores. Founded in 1935 and headquartered at Weston Centre, 10 Grosvenor Street in London, United Kingdom, Associated British Foods employs 138,000 people and generates annual sales exceeding 20 billion pounds, serving retail, wholesale, foodservice, industrial and agricultural customers worldwide. In recent developments, the company agreed in August 2025 to acquire Hovis Group from Endless LLP for 75 million pounds to merge with its Allied Bakeries unit, creating the UK's largest bread business with Kingsmill and Hovis brands, anticipated annual cost savings of 50 million pounds and expected regulatory review by the Competition and Markets Authority; expanded Primark with 15 new stores in the US, Europe and UK in the second half of fiscal 2025 plus planned Middle East franchises; and initiated a strategic review in November 2025, in consultation with major shareholder Wittington Investments, to assess separating the Primark retail business from food operations amid a 13% adjusted operating profit decline driven by the sugar unit.