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Type | Private |
---|---|
Industry | Holding company |
Founded | 1941 |
Founder | W. Garfield Weston |
Headquarters | , England |
Key people | Sir Guy Weston (chairman) [1] |
Revenue | £14.133 billion (2020) [1] |
Total assets | £15.5 billion (2019) [2] |
Owners |
|
Subsidiaries | Associated British Foods (54.5%), Fortnum & Mason, Heal's, Wittington Properties |
Website | wittington-investments |
Wittington Investments Limited is a privately owned British holding company. [3] It was incorporated in 1941 and is based in London, England. [4]
The company is 79.2% owned by the Garfield Weston Foundation, one of the United Kingdom's largest grant-making trusts, which was established in 1958 by Canadian businessman W. Garfield Weston (1898–1978), and 20.8% owned by members of the prominent Weston family. As of 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 the parent company of Primark, the largest discount clothing chain in the UK and Ireland. Associated British Foods also owns British Sugar, processor of the entire UK beet crop and producer of half the UK consumption of sugar. Further assets include ownership of the British department store Fortnum & Mason, as well as Heal's, a chain of homeware and furnishing stores in the UK.
There is a similarly-named company in Canada called "Wittington Investments, Limited", which controls George Weston Limited. [5] It was founded by W. Garfield Weston in 1952 and is based in Toronto, Ontario, Canada. [6] In December 2020, the Weston family announced that Galen Weston Jr. had succeeded his father (Galen Weston Sr.) as the controlling shareholder of Wittington Investments, Limited. [5]
This company was the owner of the Selfridges Group of department store chains, including Selfridges in the UK, Brown Thomas and Arnotts in Ireland, and De Bijenkorf in the Netherlands. [7] In December 2021, it was reported that the majority of the Selfridges Group's assets were being sold for around £4 billion to a joint venture between Thai conglomerate Central Group and Austrian firm Signa Holding. [8] [9]
Loblaw Companies Limited is a Canadian retailer encompassing corporate and franchise supermarkets operating under 22 regional and market-segment banners, as well as pharmacies, banking and apparel. Loblaw operates a private label program that includes grocery and household items, clothing, baby products, pharmaceuticals, cellular phones, general merchandise and financial services. Loblaw is the largest Canadian food retailer, and its brands include President's Choice, No Name and Joe Fresh. It is controlled by George Weston Limited, a holding company controlled by the Weston family; Galen G. Weston, is the chair of the Loblaw board of directors, as well as chair of the board of directors and CEO of Canada-based holding company George Weston.
Willard Gordon Galen Weston was a British-Canadian billionaire businessman and Chairman Emeritus of George Weston Limited, a Canadian food processing and distribution company. Weston and his family, with an estimated net worth of US$8.7 billion, are listed as the third wealthiest in Canada and 178th in the world by Forbes magazine.
Selfridges, also known as Selfridges & Co., is a chain of upscale department stores in the United Kingdom that is operated by Selfridges Retail Limited, part of the Selfridges Group of department stores. It was founded by Harry Gordon Selfridge in 1908.
Associated British Foods plc (ABF) is a British multinational food processing and retailing company headquartered in London, England.
Arnotts is the oldest and largest department store in Ireland. It is located on Henry Street, on the north side of central Dublin. Together with the Brown Thomas chain of department stores, it is owned by UK-based Selfridges, which in turn is owned by Thai Conglomerate Central Group and Austria's Signa Holding.
George Weston Limited, often referred to as Weston or Weston's, is a Canadian holding company. Founded by George Weston in 1882, the company today consists of the Choice Properties real estate investment trust and Loblaw Companies Limited, Canada's largest supermarket retailer, in which it maintains a controlling interest. Retail brands include President's Choice, No Name and Joe Fresh. The former Weston Bakeries division, which owned the brands Wonder, Country Harvest, D'Italiano, Ready Bake and Gadoua, was sold off to FGF Brands in 2022. The company is controlled by the Weston family, which owns a majority share in George Weston Limited.
Willard Garfield Weston was a Canadian businessman and philanthropist who was a member of the prominent Weston family. He led George Weston Limited and its various subsidiaries and associated companies, including Associated British Foods, for half a century and established one of the world's largest food processing and distribution concerns. He also served as a Member of Parliament (MP) in the British House of Commons during World War II.
Garfield Howard "Garry" Weston CBE was a Canadian businessman who was active in the United Kingdom.
Brown Thomas & Company Limited is a chain of five upmarket department stores in Ireland, located in Dublin, Cork, Galway, Limerick and Dundrum. Together with Dublin's Arnotts department store, it is owned by UK-based Selfridges, which in turn is owned by Thai Conglomerate Central Group and Austria's Signa Holding.
The Weston Family Foundation is a Canadian charitable foundation committed to making grants in Canada for the benefit of Canadians. At the end of 2016, the foundation had over $324 million in assets.
The Weston family is a prominent family of businesspeople that was founded in Canada and eventually developed global business interests, primarily in the food and retail sectors. The family operations began with the purchase of a bakery in 1884 by American-born Canadian George Weston in Toronto, Ontario. Over the course of subsequent decades, his descendants also established themselves in the United Kingdom, Ireland and the United States.
The Garfield Weston Foundation is a grant-giving charity based in the United Kingdom. It was established in 1958 by Canadian businessman W. Garfield Weston (1898–1978), who during his lifetime contributed to numerous humanitarian causes, both personally and through his companies. His philanthropic works continue through the Garfield Weston Foundation in London and the Weston Family Foundation in Toronto, Ontario, Canada.
Willard Galen Garfield Weston, known as Galen Weston Jr. or Galen G. Weston, is an Irish-Canadian businessman and a member of the prominent Weston family. He serves as chairman and chief executive officer (CEO) of George Weston Limited, as well as executive chairman and president of Loblaw Companies Limited. He is the second child and only son of Galen Weston and Hilary Weston.
Jana Ruth Khayat is a British heiress and businesswoman who is a member of the Weston family. She serves on the board of the Fortnum & Mason department store in London.
Sears plc was a large British-based conglomerate. The company was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It was acquired by Philip Green in 1999.
René Benko is an Austrian real estate, media and retail investor and founder of the Signa Holding. The company is considered Austria's largest privately held real estate conglomerate. Benko is one of the richest Austrians. Numerous controversies have surrounded Benko’s professional career.
Emma Adamo is a British businesswoman.
Signa Holding GmbH is Austria’s largest privately owned real estate company. Signa was founded in 2000 by the Tyrolean entrepreneur René Benko. Over the years, it has become a pan-European real estate group with more than 150 employees and offices in Vienna, Innsbruck, Munich, Düsseldorf, Luxembourg, Zurich, Bolzano, Berlin and Hamburg. The principal focus of the group is long-term investment in real estate in prime city centre locations. The firm has also became the biggest owner of malls in Central Europe with over 46.000 employees.
Anthony Richard Graham is a Canadian businessman based in Toronto, Canada. He is presently president and chief executive officer of Sumarria Inc. and chairman of Graymont Limited.
Alannah Elizabeth Weston is an Irish-Canadian businesswoman who is the former chairman of the Selfridges Group. She is a member of the Weston family and serves as a director of the family's holding company, Wittington Investments.