Where does Wittington’s money come from?
Wittington has a spread of investments but the principal asset, both in terms of value and the income it produces, is its shareholding in ABF. Dividends from ABF are either re-invested in other assets or in turn paid out as dividends by Wittington. The Garfield Weston Foundation owns 79.2% of Wittington Investments Ltd. and is the principal beneficiary of our investment activity.
What does Wittington invest in?
Wittington considers investments with a view to maximising long term shareholder value, with special regard to the requirements of shareholders and to retaining financial flexibility to pursue investments on an opportunistic basis. Wittington’s fundamental strategy is to support its investment in ABF.
Why Selfridges is not shown among our activities?
This is the website for the UK company Wittington Investments Limited. Wittington’s primary business interests include the UK publicly quoted company Associated British Foods, as well as the private businesses and other investments shown on this website.
There is a separate and distinct Canadian company, Wittington Investments, Limited (“Wittington Canada”), which is controlled by W. Galen Weston. Please note the comma in the full name of the Canadian company which differentiates the UK and Canadian firms.
Wittington Canada’s primary business interests include Canadian public companies George Weston Limited, Loblaw Companies Limited, and Choice Properties REIT, as well as the private Canadian company Selfridges Group Limited. The Selfridges Group’s business interests include retailers Holt Renfrew (Canada), Selfridges (UK), Brown Thomas and Arnotts (Ireland), and de Bijenkorf (The Netherlands).