Primark to separate from Associated British Foods by 2027

UK-based diversified group Associated British Foods (ABF) has announced a definitive plan to demerge its retail business, Primark, from its food operations. The decision follows an in-depth strategic review initiated in November 2025 and is intended to be completed before the end of the 2027 calendar year. The demerger is supported by ABF’s largest shareholder, Wittington Investments, which intends to maintain majority ownership of both entities.