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Weston family to acquire Boots for £7 billion

PRIVATEOct 01, 2026

Acquiring Company

Wittington Investments

Acquired Company

Boots UK Limited

CanadaNottinghamHealth CareFashionBeauty

Description

Boots is set for a transfer of ownership in a deal valued at around £7 billion to Wittington Investments, the Canadian branch of the Weston family. This potential acquisition follows Sycamore Partners' previous takeover of Boots and aims to enhance the family's retail portfolio. The transaction is in advanced talks, with expectations for an agreement in the coming weeks.

Company Information

Company

Wittington Investments

Location

Canada

About

Wittington Investments Limited (Wittington) is a privately owned company which invests in a variety of asset classes. Its main investment is a majority holding in Associated British Foods plc (ABF). ABF is listed on the London Stock Exchange.

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Frequently asked

Who acquired Boots UK Limited?

Boots UK Limited was acquired by Wittington Investments, based in Canada. The deal was reported on October 1, 2026. Wittington Investments Limited (Wittington) is a privately owned company which invests in a variety of asset classes. Its main investment is a majority holding in Associated British Foods plc (ABF). Wittington Investments is privately held.

When did Wittington Investments acquire Boots UK Limited?

Wittington Investments's acquisition of Boots UK Limited was reported on October 1, 2026. Boots is set for a transfer of ownership in a deal valued at around £7 billion to Wittington Investments, the Canadian branch of the Weston family. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Boots UK Limited do?

Boots UK Limited is a pharmacy-led health and beauty retailer. It offers a wide range of products, including pharmacy services and health solutions. Boots has been a trusted name in health and beauty for over 170 years. It is privately held, operating in Health Care, and is based in Nottingham.

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