Archive of all Associated British Foods articles
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NewsHovis board departs as Allied eyes overhaul
Allied Bakeries has cleared out Hovis’ remaining board members following the completion of the takeover last week. It comes as the latest accounts for Hovis revealed tumbling volumes and ballooning pre-tax losses
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Analysis & Features‘Hovis is the hero’: CEO Sarah Arrowsmith outlines merger plan
CEO Sarah Arrowsmith on how the newly-dubbed Hovis Bakeries plans to take on market leader Warburtons
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NewsAllied renamed Hovis Bakeries as takeover completes
ABF’s Allied Bakeries has renamed itself as Hovis Bakeries, after completing the acquisition of its former arch-competitor this morning
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NewsAssociated British Foods hit with downgrade to sugar losses
The group downgraded its outlook for the division and said it now expected an adjusted operating loss in the range of £25m to £60m
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Analysis & FeaturesAllied-Hovis: what are the priorities now bakery’s big merger is on?
Will the Allied-Hovis tie-up create a credible rival to Warburtons?
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NewsHovis-ABF merger gets final approval from competition watchdog
The markets watchdog’s final judgement found that Allied Bakeries would have had to close down if the merger fell through
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NewsSigma Healthcare drops out of talks to buy Boots
The company has ‘concluded that such an acquisition would not currently meet its strategic and capital investment objectives’
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Comment & OpinionWhy consumer giants are shedding their conglomerate structure
From McCormick-Unilever to ABF’s Primark split, a wave of corporate refocusing is reshaping the consumer goods landscape, says Akeel Sachak, global head of consumer at Rothschild & Co, who is advising on both transactions
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Analysis & FeaturesWill ABF FoodCo’s split from Primark unlock its potential?
ABF FoodCo will be the UK’s largest listed food manufacturer
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NewsAssociated British Foods to demerge Primark from food business
The demerger is expected to be finished by the end of the 2027 calendar year and will result in ABF shareholders owning stock in Primark and food as two separate listed entities
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NewsABF’s Hovis merger cleared by CMA in Britain
Allied Bakeries would be forced to close down in Great Britain if its proposed merger with Hovis fell through, the CMA’s independent panel has found
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NewsAssociated British Foods appoints CEO of Primark and a group CFO
Joana Edwards joins as CFO with immediate effects after serving in the role on an interim basis since March last year, while former CFO Eoin Tonge is the new chief executive of Primark
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NewsABF shares slide following profit warning
ABF revealed a challenging end to the 2025 calendar year, as Primark’s European sales slumped and difficulties in its food division failed to pick up the slack
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NewsHovis-Kingsmill merger fast-tracked by CMA to full investigation
The announcement came the same morning as ABF warned of lower profits than expected in an unscheduled trading update
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NewsMarkets watchdog launches inquiry into Hovis-ABF merger
The Competition & Markets Authority has launched a probe into Associated British Foods’ acquisition of Hovis from private equity group Endless
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Analysis & FeaturesThe top 150 UK food & drink supplier rankings and report 2025
After a series of crises, the UK’s biggest 150 food & drink manufacturers have shifted their sights from survival mode to the pursuit of greater profitability and investment in automation
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NewsAssociated British Foods investors divided over Primark separation plans
Investors were divided this week about the potential for Associated British Foods to break up the group with a separation of Primark and the food business
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NewsAssociated British Foods considers Primark spin-off
ABF said its food business is historically less well understood by financial markets than Primark
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NewsHovis makes sourdough debut with sliced cob duo
White Sourdough Cob and Seeded Sourdough Cob are poised to roll out on 13 October
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NewsHovis CEO Jon Jenkins steps down after three years
Hovis owner Endless last month reached an agreement to sell the brand to ABF