Vestey Holdings

Common card · No. 403139

Vestey Holdings, formerly Vestey Group and previously also known as Vestey Brothers, is a privately owned United Kingdom 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. The Vestey family were estimated to be the second wealthiest family in Britain (after the King) in 1940. Vestey Brothers was the largest privately owned multinational company and the largest retailer of meat in the world in the 1980s. In 1980, it was discovered that the company had operated a tax avoidance scheme, 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.

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