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| − | '''Associated British Foods plc''' is a British multinational food, ingredients and retail group with sales of £6.0 billion and over 75,000 employees in 46 countries. It is headquartered in London, England, and is a constituent of the [[FTSE 100]] index.
| + | #redirect[[Associated British Foods plc]] |
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| − | ==History==
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| − | The company was developed by Canadian businessman, [[W. Garfield Weston]], in tandem with his North American operations, [[George Weston Ltd.]]. ABF was incorporated in 1935. It was initially a bakery business, and it promoted the concept of selling sliced bread in the 1930s. The group's subsidiaries include [[British Sugar plc]] (bought in 1991), flour milling group Allied Mills, animal foodstuffs company Allied Grain and food ingredients company Abitec Corporation. It also owns a discount clothing retailer, [[Primark]] ([[Penneys]] in the [[Republic of Ireland]]). Current brands of ABF subsidiaries include Allison, Sunblest and Kingsmill bread, [[Silver Spoon]], [[Ovaltine]], [[Ryvita]], Mazola oil and [[Twinings]] tea.
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| − | Following the death of the founder in 1978, control of ABF was passed on to his son [[Garry Weston|Garry]], while the North American operations fell to his son [[Galen Weston|Galen]]. While Garry maintained the company's prominence in the European foods market, ABF's growth has been eclipsed by the phenomenal performance of [[George Weston Ltd.]]. [[George G. Weston]] of the British Westons became chief executive of ABF on [[1 April]] 2005, and [[Galen Weston]], the chief executive of George Weston Ltd, is a [[non-executive director]]. Garth Weston is Regional President of AB Mauri.
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| − | The company formerly owned the [[Burtons Biscuits]] brand which it sold in 2000 to a private equity firm and is now part of [[Burtons Foods]].
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| − | In 1997 ABF sold its retail operations in [[Northern Ireland]] and [[Republic of Ireland|the Republic]] to [[Tesco]]. These businesses were: [[Quinnsworth]] and [[Crazy Prices]] in the [[Republic of Ireland]] and [[Stewarts Supermarkets|Stewarts Supermarkets Ltd]] and Crazy Prices in [[Northern Ireland]], the [[Stewarts Winebarrel]] off-licence chain, [[Lifestyle Sports|Lifestyle Sports & Leisure Ltd.]] (a retail sports and leisure business), Kingsway Fresh Foods (a meat processing facility) and Daily Wrap Produce (a fruit and vegetable packaging plant).
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| − | In May 2007 the group purchased [[Patak's]] Indian food business<ref>[http://news.bbc.co.uk/1/hi/business/6700173.stm "AB Foods buys curry firm Patak's"] ''BBC News Online'' Tuesday, 29 May 2007</ref>.
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| − | ==People==
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| − | *[[Guy Weston]]
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| − | ==Brands==
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| − | *[[Allinson]]
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| − | *[[Kingsmill (bread)|Kingsmill]]
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| − | *[[Mazola oil]]
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| − | *[[Ovaltine]]
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| − | *[[Ryvita]]
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| − | *[[British Sugar plc|Silver Spoon]]
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| − | *[[Sunblest]]
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| − | *[[Twinings]]
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| − | *[[Patak's]]
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| − | ==Subsidiary companies==
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| − | *[[Abitec Corporation]]
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| − | *[[Allied Grain]]
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| − | *[[Allied Mills]]
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| − | *[[British Sugar plc]] - bought in 1991
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| − | *[[G Costa]] - sauces and ethic (ie - non-UK) brands
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| − | *[[Primark]] - known as [[Penneys]] in the [[Republic of Ireland]])
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| − | ==External links==
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| − | *[http://www.abf.co.uk/ Official site]
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| − | *[http://www.findlaw.com.au/article/12632.htm ACCC v George Weston Foods Limited - Court Warns of Dangers of Not Having a Compliance Culture]
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| − | ==References==
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| − | <references/>
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