What is the main reason Associated British Foods is considering a demerger of Primark from its food businesses?

ABF stated in November last year that it was considering a demerger of Primark 'with a view to maximising long-term value', following a strategic review conducted with advisory firm Rothschild & Co.

What recent leadership change signals that the Primark demerger is likely to proceed?

The appointment of Eoin Tonge — the experienced former ABF, M&S and Greencore finance director — as the new boss of Primark last month 'hints that the demerger is likely'.

Associated British Foods Poised to Reveal Primark and Food Business Demerger Plan

Apr 20, 2026

Associated British Foods is expected to announce plans to demerge its fashion retailer Primark from its food division, which includes sugar production and ingredient supplies. Analysts view the split as likely to maximize value despite rising costs and geopolitical headwinds.

theguardian

2026-04-20

Associated British Foods Poised to Reveal Primark and Food Business Demerger Plan

2026-06-30

Primark Owner AB Foods Still Expects Lower Annual Profit

Associated British Foods Poised to Reveal Primark and Food Business Demerger Plan

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