The UK's Competition and Markets Authority (CMA) has approved Associated British Foods' (ABF) £75m acquisition of Hovis. The CMA concluded the deal poses no competition concerns, as Allied Bakeries (AB), ABF's bakery arm, would likely exit the UK market if the takeover failed.
A AB Mauri Brasil, dona das marcas Fleischmann e Ovomaltine, anunciou a compra de 100% da rede de franquias Casa de Bolos. O negócio, cujo valor está sob sigilo, aguarda aprovação do Cade. A Casa de Bolos faturou R$ 720 milhões em 2025.
Associated British Foods ha annunciato la scissione di Primark dalla divisione alimentare FoodCo, con entrambe le società che saranno quotate alla Borsa di Londra. La FoodCo, che diventerà Associated British Foods, genera un fatturato annuo di circa 9,8 miliardi di sterline con oltre 55.000 dipendenti. L'operazione dovrebbe completarsi entro la fine del 2027. George Weston sarà l'amministratore delegato di FoodCo, mentre Eoin Tonge guiderà Primark.
Dans un communiqué, le président du groupe Michael McLintock affirme qu’il s’agit de «la meilleure façon de maximiser les rendements à long terme pour les actionnaires»
Associated British Foods has confirmed plans to demerge Primark from its food business (containing Twinings, Kingsmill and Patak's) by the end of 2027, despite warning that the Middle East conflict may impact consumer spending. Group sales fell 2% to £9.46bn in the first half, with pre-tax profits down 9% to £632m. Primark's like-for-like sales declined 2.7% globally, though UK sales rose while mainland Europe fell 5.6% due to weak consumer confidence.
Associated British Foods is poised to announce plans for a demerger of its Primark fashion business this week, as the group faces mounting pressures across both its fashion and food divisions. The potential split follows a strategic review announced in November and comes amid disappointing trading, with flat annual sales and falling profits. The Middle East conflict is expected to add further cost pressures, while the company also grapples with a competition regulator investigation into its planned bakery merger with Hovis.
