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Primark’s side dishes induce a sugar rush

The Times

Were it not for the Weston family owning most of the shares, the chances are that Associated British Foods would be a very different beast.

It owns Primark, the world-beating discount fashion chain. But it also has a groceries business with a smattering of well-known brands including Kingsmill bread and Twinings tea. And a sugar business that includes British Sugar. And an ingredients business producing things like yeasts and enzymes and antacids for the food, brewing and pharmaceuticals industry. Oh, and an agriculture business that makes animal feed, originally out of its leftover sugar pulp.

The point is that if investors want to own Primark, they also have to own a lot of stuff that comes with it. For a label often pejoratively referred to