Associated British Foods Plc (ABF) is a British multinational food processing and retailing company, listed on the London Stock Exchange (LSE) and a constituent of the FTSE 100 Index.
Founded by Canadian W. Garfield Weston on 20th October 1935, ABF has its headquarters in London, England. The company's journey began as a bakery and has since expanded into a diversified international group with operations in 53 countries across Europe, Africa, the Americas, Asia, and Australia.
Over the past 85 years, ABF has grown popular brands and made acquisitions in adjacent businesses and markets. Today, ABF's ingredients division is the world's second-largest producer of both sugar and baker's yeast. Its grocery division includes renowned brands like Mazola, Ovaltine, Ryvita, Jordans, Kingsmill, and Twinings. ABF's retail division, Primark, operates stores across several countries⁴. ABF's enduring presence on the LSEG testifies to its significant role in the global food industry.
ABF share price launched at 42p in 1988.