Vestey Holdings
Holding company based in Surrey, United Kingdom / From Wikipedia, the free encyclopedia
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Vestey Holdings, formerly Vestey Group and previously also known as Vestey Brothers, is a privately owned UK group of companies comprising an international business focused mainly on food products and services. The company has owned vast holdings overseas, mainly in South America and Australia, and continues to own some.
Company type | Private |
---|---|
Predecessor | Vestey Group |
Headquarters | , |
Website | vesteyholdings.com |
The Vestey family were estimated to be the second wealthiest family in Britain (after the King) in 1940. In 1980, it was discovered that the company had operated a tax avoidance scheme, and Vestey Brothers was the largest privately owned multinational company and the largest retailer of meat in the world in the 1980s.[1][2]
Union International, formerly the core of the Vestey family business as the Union Cold Storage Company, entered receivership in 1995. The company has been restructured several times.