Investments
2Portfolio Exits
3Partners & Customers
3About Associated British Foods
Associated British Foods (LSE: ABF) is a diversified international food, ingredients, and retail group operating in 50 countries. ABF's businesses are grouped into five segments: Grocery, Sugar, Agriculture, Ingredients, and Retail.
Associated British Foods Headquarter Location
Weston Centre 10 Grosvenor Street
London, England, W1K 4QY,
United Kingdom
Associated British Foods Web Traffic
Associated British Foods Rank
Latest Associated British Foods News
May 23, 2022
An artist's rendering of the planned George Weston Foods flour mill in Ballarat, Australia. 05.23.2022 BALLARAT, AUSTRALIA — George Weston Foods, a division of Associated British Foods, has announced plans to build a new flour mill in the Ballarat West Employment Zone in Australia. The new mill will create 174 new jobs in Victoria and transfer 46 jobs from GWF’s existing flour mill in North Melbourne. The new flour mill is part of a broader A$132.9 million (US$94.7 million) investment being made by GWF in Victoria. In addition to the flour mill, GWF said it is adding a Tip Top boutique bakery in Bendigo, relocating its Golden Crumpet manufacturing line from Adelaide to Dandenong, upgrading its Don KRC business in Castelmaine to grow exports and expanding its Yumi’s plant in Hallam to increase production. “We are excited to be investing in the future of sustainable agriculture and food production in Victoria,” said Stuart Grainger, chief executive officer of GWF. “This new flour mill, together with other investments, enables us to continue to grow our Tip Top, Abbotts, Don and Yumi’s brands whilst also being able to serve the needs of our Mauri customers.” GWF did not provide details on the size of the new mill. In addition to its flour mill in North Melbourne, GWF, through its Mauri division, operates three flour mills in Australia and three flour mills in New Zealand.
Associated British Foods Investments
2 Investments
Associated British Foods has made 2 investments. Their latest investment was in Stratas Foods as part of their Corporate Minority on October 10, 2008.
Associated British Foods Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
10/28/2008 | Corporate Minority | Stratas Foods | Yes | 1 | ||
9/14/2007 | Corporate Minority |
Date | 10/28/2008 | 9/14/2007 |
---|---|---|
Round | Corporate Minority | Corporate Minority |
Company | Stratas Foods | |
Amount | ||
New? | Yes | |
Co-Investors | ||
Sources | 1 |
Associated British Foods Portfolio Exits
3 Portfolio Exits
Associated British Foods has 3 portfolio exits. Their latest portfolio exit was Associated British Foods - Cane Sugar Business on September 12, 2016.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
9/12/2016 | Divestiture | 2 | |||
Date | 9/12/2016 | ||
---|---|---|---|
Exit | Divestiture | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 2 |
Associated British Foods Acquisitions
22 Acquisitions
Associated British Foods acquired 22 companies. Their latest acquisition was Fytexia on February 02, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
2/2/2022 | Acquired | 4 | ||||
11/6/2018 | Private Equity | Acquired | 1 | |||
9/11/2017 | Private Equity | Acquired | 4 | |||
4/19/2017 | ||||||
4/19/2017 |
Date | 2/2/2022 | 11/6/2018 | 9/11/2017 | 4/19/2017 | 4/19/2017 |
---|---|---|---|---|---|
Investment Stage | Private Equity | Private Equity | |||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | Acquired | Acquired | ||
Sources | 4 | 1 | 4 |
Associated British Foods Partners & Customers
3 Partners and customers
Associated British Foods has 3 strategic partners and customers. Associated British Foods recently partnered with Archer Daniels Midland Company on September 9, 2020.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
9/4/2020 | Partner | United States | ABF and ADM join forces to create a joint venture in US packaged vegetable oil . | 1 | |
11/20/2008 | Partner | ||||
Partner |
Date | 9/4/2020 | 11/20/2008 | |
---|---|---|---|
Type | Partner | Partner | Partner |
Business Partner | |||
Country | United States | ||
News Snippet | ABF and ADM join forces to create a joint venture in US packaged vegetable oil . | ||
Sources | 1 |
Associated British Foods Team
1 Team Member
Associated British Foods has 1 team member, including former Chief Financial Officer, Martin Klitgaard.
Name | Work History | Title | Status |
---|---|---|---|
Martin Klitgaard | Reconor, Aryzta, Vestas Wind Systems, Danisco, and Novo Nordisk | Chief Financial Officer | Former |
Name | Martin Klitgaard |
---|---|
Work History | Reconor, Aryzta, Vestas Wind Systems, Danisco, and Novo Nordisk |
Title | Chief Financial Officer |
Status | Former |
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