Asda is currently owned by a group of investors led by private equity firm TDR Capital, together with Mohsin Issa and Walmart.

Who owns Asda right now?

  • Funds managed by TDR Capital hold the majority stake in Asda, with about 67.5% ownership following the purchase of Zuber Issa’s shares in 2024.
  • Mohsin Issa, one of the billionaire Issa brothers who originally bought Asda from Walmart, retains a minority stake of around 22.5%.
  • Walmart, Asda’s former sole owner, still holds a residual 10% stake in the business.

How did this ownership structure come about?

  • Asda was acquired from Walmart in 2020 by Mohsin and Zuber Issa, alongside TDR Capital, for about £6.8 billion.
  • In 2024, Zuber Issa sold his 22.5% stake to TDR Capital, which pushed TDR into clear majority ownership while Mohsin Issa remained a co-owner.

Simple breakdown (current structure)

  • TDR Capital – majority owner (around 67.5%).
  • Mohsin Issa – significant minority shareholder (around 22.5%).
  • Walmart – minority shareholder (around 10%).

Information gathered from public forums or data available on the internet and portrayed here.