Associated British Foods plc (ABF) is registered in England and Wales, with its registered office at Weston Centre, 10 Grosvenor Street, London. Its largest shareholder is Wittington Investments; in its annual results of 4 November 2025, ABF said Wittington remained committed to maintaining majority ownership of both Primark and the food business.
For the 52 weeks to 13 September 2025, group revenue was £19,459m and adjusted operating profit £1,734m. Grocery, which sells brands such as Twinings, Ovaltine, Kingsmill and Patak’s, had revenue of £4,125m and adjusted operating profit of £478m. Sugar, covering British Sugar, Azucarera and Illovo Sugar Africa, had revenue of £2,054m and an adjusted operating loss of £2m. Ingredients, made up of yeast and bakery ingredients business AB Mauri and the specialty ABF Ingredients companies, had revenue of £2,041m. Agriculture reported £1,616m and Retail (Primark) £9,489m.
On 21 April 2026 ABF announced that its board had decided to proceed with a demerger of Primark from the food business. It said the intention is for the demerger to become effective before the end of calendar 2027, subject to approvals, and that George Weston is intended to be chief executive of the food business. In August 2025 ABF agreed to acquire Hovis Group, subject to regulatory approval; its Grocery page now describes Hovis Bakeries as bringing together Allied Bakeries and Hovis Group.
