Associated British Foods is a diversified international food, ingredients and
retail group with sales of £12.9bn, 118,000 employees and operations in 47
countries across Europe, southern Africa, the Americas, Asia and Australia.
At the heart of the way we operate is a principle of ‘value together’ – the
benefit that the group gains from each of the businesses being part of the
larger organisation. This is manifest in how the corporate centre provides
support to its operations and in the advantages that individual businesses
gain from collaboration with each other.
Our businesses benefit from working alongside other group operations in
related markets – allowing them to share knowledge, skills and best practice.
The model also allows them, for example, to make joint investments, which
would otherwise deliver insufficient returns. The businesses also work with
each other to provide practical support such as making introductions in new
countries and markets, hiring and developing people, providing back-office
services and sharing office space, to name but a few.