Asda was formed by Yorkshire farmers in 1949 and its name is short for Associated Dairies. Its attempted merger with Sainsbury's was blocked in 2019, and it was sold by Walmart two years later to a private equity buyer.
Sainsbury's and Asda agreed to merge in 2018, which would have created the largest supermarket group in Britain ahead of Tesco. The Competition and Markets Authority prohibited it in April 2019 and the parties abandoned the transaction.
The Competition and Markets Authority blocked the merger of Sainsbury's and Asda in April 2019, finding it would raise prices and reduce quality across hundreds of local areas and at national level. The parties had offered to sell stores; the Authority concluded no realistic divestiture could resolve the harm, and prohibited the deal outright.
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Frequently asked questions
Who is the parent company of Asda?
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The parent company of Asda is Asda Group Limited, a privately held company headquartered in the United Kingdom.
Is Asda British?
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Yes. Asda originated in the United Kingdom in 1949 and its owner, Asda Group Limited, is also headquartered in the United Kingdom.
Is Asda still owned by Asda Group Limited?
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Yes. As of 8 September 2026, Asda is still owned by Asda Group Limited. The ownership record was last checked against primary sources on that date.
Sources (3) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
[1]Asda — about us — Asda Group Limited, Official document; retrieved 8 September 2026.