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Soul Patts | |
Company type | Public |
ASX: SOL | |
Industry | Diversified |
Founded | 21 January 1903 |
Founder | Lewy Pattinson |
Headquarters | , Australia |
Key people | Robert Millner (Chairman) Todd Barlow (Managing Director) |
Revenue | $499 million (2024) |
Website | soulpatts |
Washington H. Soul Pattinson and Company Limited, trading as Soul Patts, is a publicly listed Australian investment company.
In 1872, Caleb Soul and his son Washington Handley opened a pharmacy store in Pitt Street, Sydney. In 1886, Lewy Pattinson opened a pharmacy in Balmain. In April 1902, Pattinson bought Soul out with the business incorporated as Washington H Soul Pattinson & Company Limited.
On 21 January 1903, the company was listed on the Sydney Stock Exchange. [1] With origins in pharmacy operations (of the same name), today Soul Patts owns a diverse portfolio of investments in various asset classes (equities, private companies, private credit, and property). Soul Patts has never missed paying a dividend since 1903, increasing dividends every year since 2000. In June 2021, terms were agreed to purchase Milton Corporation. [2]
In June 2025, Soul Patts and Brickworks, that already held a 26% stake in Soul Patts, agreed to a $14 billion merger. [3] The deal is subject to shareholder approval. [4] [5] Upon completion, Soul Patts would own 72% of the merged entity. [6]
Soul Patts' larger investments include: [7]
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The following individuals have served as chairmen of the company:[ citation needed ]
Ordinal | Officerholder | Term start | Term end | Time in office | Notes |
---|---|---|---|---|---|
1 | Lewy Pattinson | 1903 | 1905 | 1–2 years | |
2 | Thomas Hughes | 1906 | 1929 | 22–23 years | |
(1) | Lewy Pattinson | 1929 | unknown | ||
3 | c. 1957 | ||||
4 | William Frederick Pattinson | 1957 | 1969 | 11–12 years | |
5 | Jim Millner | 1969 | 1999 | 29–30 years | |
6 | Robert Millner | 1999 | incumbent | 25–26 years |