British American Tobacco

History

British American Tobacco was formed in 1902, as a joint venture between the UK’s Imperial Tobacco Company and the American Tobacco.

From its very early days, the company started trading outside both the UK and the USA, in dozens of countries across Africa, Asia, Latin America and continental Europe.

In 1999, British American Tobacco, announced a global merger with Rothmans International. As a result, British American Tobacco added several major brands to its portfolio, including Dunhill.

In 2001, the Group announced a series of new investments in Turkey, Egypt, Vietnam, South Korea and Nigeria. British American Tobacco celebrated its centenary in 2002.The group test-marketed Swedish-style snus in Sweden and South Africa in 2005. Today, it is the world’s most international tobacco group.

The mission of British American Tobacco is to achieve leadership of the global Tobacco industry. The goals of the Group are:

• to grow their brands and the value of their business
• to improve productivity
• to embed the principles of Corporate Social Responsibility Group-wide.

Area of Operation

The businesses of British American Tobacco are:

• Tobacco
• Cigarettes
• Cigars
• Pipe Tobacco
• Hand-rolling Tobacco
• Smokeless Snus

Key Statistics

• British American Tobacco holds assets of $33.83 billion.
• British American Tobacco has made profits of $2.11 billion in 2006.
• British American Tobacco operates in America-Pacific, Latin America, Europe, Africa and Middle East and Asia-Pacific.
• British American Tobacco has 90,249 employees.

Organization

The organization is controlled by:

• Board of Directors
• Management Board
• Board Committees

International Ranking

• British American Tobacco ranks 174 in the world according to Forbes Magazine list.
• British American Tobacco ranks 390 in Fortune Global 500 list.

Subsidiaries

British American Tobacco has many subsidiaries. Some of them are:

• A wholly-owned subsidiary focused solely on tobacco, known as Imperial Tobacco Canada.
• Brown & Williamson, its US subsidiary.
• British American Tobacco has a 42% share in Reynolds American.

Recent Merger and Acquisition

• In 2004, Brown & Williamson, the US subsidiary of British American Tobacco and RJ Reynolds Tobacco Company are combined and Reynolds American is formed.
• British American Tobacco gained control of Peru’s Tabacalera Nacional and won bids for Italy’s former state tobacco monopoly, ETI, and Serbia’s Duvanska Industrija Vranje in 2003.
• British American Tobacco entered into a global merger with Rothmans International in 1999.
• In 1998, British American Tobacco acquired Cigarrera La Moderna, the leading cigarette company in Mexico.

Headquarter Address

4 Temple Place
London WC2R 2PG
United Kingdom
Phone: 44-20-7845-1000
Website URL: www.bat.com
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