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ABF pondering Primark sell-off
The Journal
|November 05, 2025
CONSUMER goods giant ABF is considering selling off fashion brand Primark as it undertakes a "comprehensive review" of the business.
ABF, which founded Primark - then known as Pennies - in Dublin in 1969, said "no decision" has been taken yet.
The strategic review will be carried out with the help of the advisory firm Rothschild & Co, with the backing of its largest shareholder, the Weston family's Wittington Investments.
The FTSE 100 company said the family, which owns 59% of ABF, remained "committed to maintaining majority ownership of both businesses".
Dit verhaal komt uit de November 05, 2025-editie van The Journal.
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