Executive Summary
This paper is a detailed analysis of the Associated British Foods (ABF) business operations around the world. It presents a brief discussion of the ABF portfolio. This is swiftly followed by a discussion on one of the subsidiary companies of ABE-Primark, that has shown exceptional performance accruing financial benefits to the firm. Thirdly, the paper discusses the role that the parent firm-ABF plays in the management of operations of its subsidiary firms and the larger conglomerate. Finally, the paper presents a discussion on the diversification of the ABF firm relating this to the historical framework of diversification suggested by scholars Goold and Luchs ( ...