Soul Patts

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Washington H. Soul Pattinson and Company Limited
Soul Patts
Company type Public
ASX:  SOL
IndustryDiversified
Founded21 January 1903;122 years ago (21 January 1903)
Founder Lewy Pattinson
Headquarters,
Australia
Key people
Robert Millner (Chairman)
Todd Barlow (Managing Director)
Revenue$499 million (2024)
Website soulpatts.com.au

Washington H. Soul Pattinson and Company Limited, trading as Soul Patts, is a publicly listed Australian investment company.

Contents

History

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]

Investments

Current

Soul Patts' larger investments include: [7]

Former

Chairmen

The following individuals have served as chairmen of the company:[ citation needed ]

OrdinalOfficerholderTerm startTerm endTime in officeNotes
1 Lewy Pattinson 190319051–2 years
2 Thomas Hughes 1906192922–23 years
(1)Lewy Pattinson1929unknown
3c.1957
4 William Frederick Pattinson 1957196911–12 years
5 Jim Millner 1969199929–30 years
6 Robert Millner 1999incumbent25–26 years

See also

References

  1. Who we are Washington H Soul Pattinson
  2. Merger with Milton Corporation Limited to create a larger, more diversified and unique ASX company Washington H Soul Pattinson 22 June 2021
  3. Soul Patts and Brickworks agree to transformative $14b merger Soul Patts 2 June 2025
  4. ASX slips on tariff turmoil, Soul Patts and Brickworks soar on $14b merger ABC News 2 June 2025
  5. Soul Patts ends 56-year Brickworks tie-up with $14b merger plan Australian Financial Review 2 June 2025
  6. Murdoch, Scott; Chatterjee, Rishav (2 June 2025). "Australia's Soul Patts to take over Brickworks in $9 billion merger". Reuters.
  7. Annual report for year ended 30 June 2024 Soul Patts
  8. Pattinson to buy NBN TV Canberra Times 1 November 1989 page 19