Wittington Investments

Wittington Investments Limited is an unquoted British investment company.^[1] It is 79.2% owned by the Garfield Weston Foundation, which is one of the UK's largest grant-making trusts, set up by Canadian billionaire, and 20.8% owned by members of one of Canada's wealthiest families, the Weston family. At 5 April 2008, the trustees of the Garfield Weston Foundation valued their 79.2% stake in Wittington Investments at £3.62 billion.

Wittington Investments owns 54.5% of Associated British Foods, one of the largest food companies in the world, and is itself the parent company of Primark, the largest discount clothing chain in the UK and Ireland. Further assets include ownership of the British department stores Fortnum & Mason, Selfridge's, and Heal's, a chain of homeware and furnishing stores in the UK. Wittington Investments also owns Brown Thomas in Ireland, and De Bijenkorf in the Netherlands, an upscale department store. Associated British Foods also own British Sugar, processor of the entire UK beet crop and producer of half the UK consumption of sugar.

References

1. "Company Overview of Wittington Investments Limited". Bloomberg Business. 31 August 2015.

External links

• report of the Garfield Weston Foundation - see page 15 for details of the ownership and assets of Wittington Investments Limited