Associated British Foods was founded in 1935 initially known as Food Investments Limited. It changed its name in 1960. During this period, the company had grown incredibly and has not stopped ever since. It has continually expanded its business by primarily acquisition. Associated British foods has embarked on opening store worldwide and until now it has ventured into Europe, Africa, America, and even Asia. In total, it is presently operating in 47 countries (Ruddick, 2012). The company specializes in foods, spices and of late, clothes retail. Its varied brands such as Primark, Twinings, and Pataks have charmed investors and ...
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