BNET Industries

Last Fiscal Year Sales:$11.7B
- Public
- UK
Dow Jones Description
Associated British Foods is a diversified international food, ingredients and retail group with sales of 8.2 billion and over 96,000 employees in 44 countries. Our overall aim is to achieve strong, sustainable leadership positions in markets that offer potential for profitable growth. We look to achieve this through a combination of growth of existing businesses, acquisition of complementary new businesses and achievement of high levels of operating efficiency. The group is one of Europe's largest food companies with a wide range of successful brands and products in the food sector, and an increasingly strong presence in advanced research and technology. A significant supplier of branded and non-branded grocery products and a leading textile retailer, we have significant businesses across the world.
Number of Employees 95,816
Peer Companies
NAICS Code All Other Miscellaneous Food Manufacturing: 311999
Recent Events
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Associated British Foods Full-year Pre-tax Profit Declines - Quick Facts
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Associated British Foods announces management changes
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Cadbury bid boosts sentiment, lifts FTSE
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World Leaders Talk; China Auto Sales Surge
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FTSE flat; oils, miners weak; banks, defensives gain
News & Analysis
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associated british foods plc. - All News and Analysis
Ovaltine revival lifts ABF sales
A growing taste for Ovaltine in Brazil, combined with the fast expansion of Primark stores, has boosted sales at Associated British Foods, mitigating the effects of the group's ill-timed entry into vegetable oil futures at the top of the market earlier this year. For the full-year ending in September, pre-tax...
ABF sells Polish sugar business in advance of EU rule change
The international ingredients supplier and owner of clothes retailer Primark is selling British Sugar Overseas BSO Poland just a few months after buying Azucarera Ebro, the biggest sugar producer in Spain. ???Good strategic sense??? Cazenove food analyst Polly Barclay said the deals make ???good strategic sense??? in view of upcoming...
Need to know: Greggs profits rise ... Citigroup to be sued ... Thorntons credit facility ...
View video and Need to Know interactive heatmap Economics Trade gap: The trade in goods deficit widened in June to £6.45 billion, after a surge in imports of oil. The gap was bigger than the £6.174 billion reported in May. Imports rose by 2.2 per cent, the biggest increase since...
A tale of two retailers
Marks & Spencer may have found itself on the wrong end of the consumer slowdown,but just across the road at Primark, business is still booming, reports James Thompson Oxford Street, London, last week: Primark's flagship store was heaving, and hordes of tourists stood outside with the value-...
Main Movers
UP Kazakhmys 397.25p (up 59.5p, 17.62 per cent) Supplements earlier gains as investors maintain search for bargains. UP Wood Group 282p (up 41.75p, 17.38 per cent) Oil prices rise as dollar falls against the euro. UP Vedanta Resources 999.5p (up 87.5p, 9.59 per cent)...
AB Foods merges Ryvita brand with Jordans
The international food and retail group Associated British Foods ABF is to merge its Ryvita business with Jordans, the manufacturer of breakfast cereals and cereal bars, and has vowed to deliver "high single digit" sales growth at both brands over the next few years. ABF's finance director, John...
So far, so good for Associated British Foods
THE WEEK IN REVIEW Associated British Foods owns Twinings tea, clothing retailer Primark, and is the second biggest sugar producer in the world. With big sugar operations in South Africa and China, the company has enough business away from the credit crunch to insulate it somewhat if the...
So far, so good for Associated British Foods
the week in review Associated British Foods owns Twinings tea, clothing retailer Primark, and is the second biggest sugar producer in the world. With big sugar operations in South Africa and China, the company has enough business away from the credit crunch to insulate it somewhat if the...
Primark fears mean Associated British Foods is only a hold
THE INVESTMENT COLUMN Our view: Hold Share price: 871p (-19p) Associated British Foods has its fingers in several different pies. The group owns the likes of Twinings tea and clothing retailer Primark, and is the second biggest sugar producer in the world. ...
Fortitech Inc
Fortitech Inc. appointed AB Mauri, a new operating division of Associated British Foods plc ABF, as distributor to a number of African countries.
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Peter J. Jackson | CEO |
| George Garfield Weston | Chief Executive |
| John Bason | Finance Director |
| Paul Murphy | General Manager |
| Geoff Lancaster | Head, External Affairs |
| Paul Lister | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Peter Smith | Chairman of the Audit Committee |
| Charles Sinclair | Board of Directors |
| Galen Weston | Board of Directors |
| Javier Ferran | Board of Directors |
| John R. R. MacGregor | Board of Directors |
| Martin G. Adamson | Board of Directors |
| Tim Clarke | Board of Directors |
| W.G. Galen Weston | Board of Directors |
| W.G. Galen Weston | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | Chief Executive | Current |
| Associated British Foods Plc | Board of Directors | Current |
| Associated British Foods Plc | Deputy Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | Finance Director | Current |
| Associated British Foods Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | General Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | Head, External Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | Secretary | Current |
| Associated British Foods Plc | Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | Chairman of the Audit Committee | Current |
| Savills PLC | Board of Directors | Current |
| RAC plc | Chairman | Former |
| Savills PLC | Chairman | Former |
| Safeway Plc | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | Board of Directors | Current |
| The Daily Mail | Chief Executive | Former |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | Board of Directors | Current |
Javier Ferran is a Partner of Lion Capital and is involved in originating, structuring and monitoring investments. Prior to joining Lion Capital, Javier completed a 20-year career with the Bacardi Group, serving in a variety of key executive positions, including a tenure as the President and Chief Executive Officer of Bacardi Limited in 2003-2004, and as the Regional President Europe, Middle East and Africa from 1994. Javier received his BA from the University of Barcelona and a BA and MBA from ESADE, Barcelona.
| Organization | Position | Status |
|---|---|---|
| Lion Capital | Partner | Current |
| Associated British Foods Plc | Board of Directors | Current |
| Bacardi Limited | President and Chief Executive Officer | Former |
| Esade | MBA | Former |
| University of Barcelona | Ba | Former |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | Board of Directors | Current |
| Associated British Foods Plc | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Associated British Foods Plc | Board of Directors | Current |
Executive News
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UPDATE: AB Foods Exits Polish Sugar To Focus On UK, Iberia
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