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Encyclopedia > Associated British Foods
Associated British Foods plc
Image:abf.gif
Type Public (LSE: ABF)
Founded 1997
Headquarters Weston Centre, London, England
Key people Martin G Adamson, Chairman
George G. Weston, CEO
Industry food
Products food, ingredients, retailer
Revenue £ 5,996m (2006)
Operating income £ 561m (2006)
Net income £ 309m (2006)
Employees 75,000
Website http://www.abf.co.uk

Associated British Foods plc (LSE: ABF) 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. Image File history File links No higher resolution available. ... A public company usually refers to a company which is permitted to offer its securities (stock, bonds, etc. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... This article is about the capital of England and the United Kingdom. ... Motto (French) God and my right Anthem No official anthem - the  United Kingdom anthem God Save the Queen is commonly used England() – on the European continent() – in the United Kingdom() Capital (and largest city) London (de facto) Official languages English (de facto) Unified  -  by Athelstan 927 AD  Area  -  Total 130... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... Guy Weston is son of George G. Weston and Hilary Weston. ... A Chief Executive Officer (CEO), or Chief Executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency. ... An ingredient is one of the things that goes into a mixture when something is made, especially in cooking or in following a formula. ... A drawing of a self-service store Retailing consists of the sale of goods/merchandise for personal or household consumption either from a fixed location such as a department store or kiosk, or away from a fixed location and related subordinated services (Definition of the WTO (last page). ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... ISO 4217 Code GBP User(s) United Kingdom, Crown Dependencies Inflation 2. ... For the Manfred Mann album, see 2006 (album). ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... ISO 4217 Code GBP User(s) United Kingdom, Crown Dependencies Inflation 2. ... For the Manfred Mann album, see 2006 (album). ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... ISO 4217 Code GBP User(s) United Kingdom, Crown Dependencies Inflation 2. ... For the Manfred Mann album, see 2006 (album). ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... A website (alternatively, Web site) is a collection of Web pages, images, videos and other digital assets that is hosted on a Web server, usually accessible via the Internet or a LAN. A Web page is a document, typically written in HTML, that is almost always accessible via HTTP, a... The Source by Greyworld, in the new LSE building Paternoster Square. ... The word multinational can refer to: A Multinational corporation A Multinational State This is a disambiguation page, a list of pages that otherwise might share the same title. ... This article is about the capital of England and the United Kingdom. ... Motto (French) God and my right Anthem No official anthem - the  United Kingdom anthem God Save the Queen is commonly used England() – on the European continent() – in the United Kingdom() Capital (and largest city) London (de facto) Official languages English (de facto) Unified  -  by Athelstan 927 AD  Area  -  Total 130... The Financial Times Stock Exchange Index of 100 Leading Shares, or FTSE 100 Index (pronounced footsie), is a share index of the 100 largest companies listed on the London Stock Exchange. ...

Contents

History

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 invented the concept of selling sliced bread in the 1930s[citation needed]. 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. Willard Garfield Weston (January 26, 1898 - October 22, 1978), was a Canadian businessman and philanthropist. ... George Weston, Ltd. ... For the 1970s rock and roll band, see Bread (band). ... British Sugar plc is a subsidiary of Associated British Foods and the sole British producer of sugar from sugar beet. ... This article or section does not cite any references or sources. ... Penneys is a clothes retailer in Ireland. ... Silver Spoons was a sitcom that aired on NBC from 1982 to 1986 and in first-run syndication from 1986 to 1987. ... Ovaltine (registered trademark of Associated British Foods) is a brand of milk flavoring product made with sugar (except in Switzerland), malt extract, cocoa, and whey. ... Ryvita is a rye-based crispbread manufactured by The Ryvita Company. ... Twinings is a brand of tea, primarily operating in the United Kingdom. ...


Following the death of the founder in 1978, control of ABF was passed on to his son Garry, while the North American operations fell to his son 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. Garry (Garfield) Howard Weston, CBE, (April 28, 1927 - February 15, 2002) was a Canadian-born businessman in the United Kingdom. ... Willard Gordon Galen Weston, OC, OOnt, (born October 29, 1940) is a Canadian businessman and descendant of George Weston of the George Weston Bakeries Limited. ... George Weston, Ltd. ... Guy Weston is son of George G. Weston and Hilary Weston. ... April 1 is the 91st day of the year (92nd in leap years) in the Gregorian calendar. ... Willard Gordon Galen Weston, OC, OOnt, (born October 29, 1940) is a Canadian businessman and descendant of George Weston of the George Weston Bakeries Limited. ... A non-executive director is a member of the board of directors of a company who does not form part of the executive management team. ...


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.


In 1997 ABF sold its retail operations in Northern Ireland and the Republic to Tesco. These businesses were: Quinnsworth and Crazy Prices in the Republic of Ireland and Stewarts Supermarkets Ltd and Crazy Prices in Northern Ireland, the Stewarts Winebarrel off-licence chain, 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). Northern Ireland is a part of the United Kingdom lying in the northeast of the island of Ireland, covering 5,459 square miles (14,139 km², about a sixth of the islands total area). ... Anthem (Irish) The Soldiers Song Republic of Ireland() – on the European continent() – in the European Union() [] Capital (and largest city) Dublin Official languages Irish, English Government Republic and Parliamentary Democracy  -  President Mary McAleese  -  Taoiseach Bertie Ahern, TD Independence from the United Kingdom   -  Declared 24 April 1916   -  Ratified 21 January... Tesco plc is a UK-based international grocery and general merchandising retail chain. ... Tesco Ireland was formed from Power Supermarkets Ltd in 1999, more commonly known as the Quinnsworth and Crazy Prices chain of supermarkets in Ireland; the chain is a subsiduary of Tesco PLC. Tesco operates supermarkets under the Tesco and Tesco Ireland brands, as well as one hypermarket under the Tesco... Tesco Ireland was formed from Power Supermarkets Ltd in 1999, more commonly known as the Quinnsworth and Crazy Prices chain of supermarkets in Ireland; the chain is a subsiduary of Tesco PLC. Tesco operates supermarkets under the Tesco and Tesco Ireland brands, as well as one hypermarket under the Tesco... Stewarts Supermarkets Ltd. ... Northern Ireland is a part of the United Kingdom lying in the northeast of the island of Ireland, covering 5,459 square miles (14,139 km², about a sixth of the islands total area). ...


In May 2007 the group purchased Patak's Indian food business[1]. Pataks was a curry company that is now part of Associated British Foods. ...


Brands

Allinson is a brand of bread made by Allied Bakeries, and of flour, being owned by Associated British Foods // Dr Thomas Allinson was born in Grange-over-Sands in 1858. ... Kingsmill is a brand of bread made by Allied Bakeries, being owned by Associated British Foods. ... Ovaltine (registered trademark of Associated British Foods) is a brand of milk flavoring product made with sugar (except in Switzerland), malt extract, cocoa, and whey. ... Ryvita is a rye-based crispbread manufactured by The Ryvita Company. ... British Sugar plc is a subsidiary of Associated British Foods and the sole British producer of sugar from sugar beet. ... This article does not cite any references or sources. ... Twinings is a brand of tea, primarily operating in the United Kingdom. ... Pataks was a curry company that is now part of Associated British Foods. ...

Subsidiary companies

British Sugar plc is a subsidiary of Associated British Foods and the sole British producer of sugar from sugar beet. ... This article or section does not cite any references or sources. ... Penneys is a clothes retailer in Ireland. ...

See also

Butanol (butyl alcohol) is a higher alcohol with a 4 carbon atom structure and a general formula of C4H10O. There are 4 different isomeric structures for butanol (refer to box). ...

References

  1. ^ "AB Foods buys curry firm Patak's" BBC News Online Tuesday, 29 May 2007

External links

  • Official site
  • ACCC v George Weston Foods Limited - Court Warns of Dangers of Not Having a Compliance Culture

  Results from FactBites:
 
Digital Look - Associated British Foods News (ABF), Charts, News, Financials, and More (8574 words)
Associated British Foods is a diversified international food, ingredients and retail group with sales of £5.6 billion and over 42,000 employees in 41 countries.
ABF has strong positions in the markets in which it operates: International hot beverages Twinings is the world's leader in speciality teas and infusions.
British Sugar is exposed to movements in the euro exchange rate on the price of sugar in the UK and Poland, Primark sources garments from overseas primarily in US dollars and many businesses purchase raw materials in foreign currencies largely US dollar denominated.
Associated British Foods (775 words)
Associated British Foods is to acquire The Billington Food Group, the Ipswich-based importer of unrefined raw cane sugars with net assets of £7.7m.
Associated British Foods is planning to acquire the remaining 19% of George Weston Foods in Australia for £59m.
Associated British Foods is acquiring a 70% stake in a sugar cane factory in south western China and a 41% stake in the Glinojeck beet factory in Poland.
  More results at FactBites »


 

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