Soul Patts

In this article we will explore Soul Patts, a topic that has captured the attention of many people in recent years. Soul Patts is a topic that covers a wide range of aspects, from its impact on society to its relevance in popular culture. Throughout this article, we will examine how Soul Patts has evolved over time, as well as its influence on various areas of daily life. From its origins to its current state, Soul Patts has left a significant mark on the world, and it is important to understand its importance in order to appreciate its value in today's society.

Soul Patts
FormerlyWashington H Soul Pattinson
Company typePublic company
(ASX: SOL)
IndustryDiversified
Founded21 January 1903
FounderLewy Pattinson
Headquarters
Sydney
,
Australia
Key people
Robert Millner, Chairman
Revenue$629 million (2023)
Websitesoulpatts.com.au/

Soul Patts, formerly Washington H Soul Pattinson, is a publicly listed Australian investment company.

History

In 1872, Caleb Soul and his son Washington Handley opened a pharmacy store in Pitt Street, Sydney. In 1886, Lewy Pattinson opened a pharmacy in Balmain. In April 1902, Pattinson bought Soul out with the business incorporated as Washington H Soul Pattinson & Company Limited. On 21 January 1903, the company was listed on the Sydney Stock Exchange.[1] With origins in pharmacy operations (of the same name), today Soul Patts owns a diverse portfolio of investments in various asset classes (equities, private companies, private credit, and property). Soul Patts has never missed paying a dividend since 1903, increasing dividends every year since 2000. In June 2021, terms were agreed to purchase Milton Corporation.[2]

Investments

Current

Soul Patts' larger investments include:

  • Brickworks (43.1%)
  • New Hope Group (39.2%)
  • TPG Telecom (12.8%)
  • TUAS Ltd (25.4%)
  • Private equity investments spanning agriculture, education, financial services, and electrification
  • Credit investments
  • Equity investments (small and large caps)
  • Property investments

Former

Chairmen

See also

References

  1. ^ Who we are Washington H Soul Pattinson
  2. ^ Merger with Milton Corporation Limited to create a larger, more diversified and unique ASX company Washington H Soul Pattinson 22 June 2021
  3. ^ Pattinson to buy NBN TV Canberra Times 1 November 1989 page 19