ABF Splits Food Business from Primark
Associated British Foods (ABF) has announced a strategic move to split its food business from its retail arm, Primark.
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Associated British Foods (ABF) has announced a strategic move to split its food business from its retail arm, Primark.

Associated British Foods (ABF), the parent company of Primark, has confirmed its intention to demerge the popular fashion retail chain from its food business operations.
Primark is set to become an independent retail company in 2027 following its separation from parent company Associated British Foods (ABF).

Associated British Foods (ABF) is expected to announce plans regarding a potential demerger of its Primark fashion retail and food businesses, a move retail analysts suggest makes sense in the current challenging environment.
Associated British Foods (ABF), the parent company of Primark and Twinings, announced its decision to demerge its retail arm Primark from its grocery assets following a strategic review. This move aims to separate the food and retail divisions.
Primark has appointed a permanent CEO as its owner, Associated British Foods (ABF), works to stabilize the company's leadership.