ALTRIA GROUP INC.

History

YearDetail
1985 Philip Morris Cos. was incorporated and became the publicly held holding company and parent of Philip Morris Inc.
2003 Philip Morris Cos. is renamed The Altria Group Inc., and remains the parent company of Kraft Foods Inc., Philip Morris International, Philip Morris USA, and Philip Morris Capital Corporation.
2009 Altria Group acquired UST Inc., a holding company whose primary business is manufacturing and marketing moist smokeless tobacco products through the U.S. Smokeless Tobacco Company.
2019 Altria Group established Helix Innovations LLC, a parent company of Burger Group subsidiaries, to commercialize and distribute On!, an oral tobacco-derived nicotine pouch product.
2022 Altria collaborated with JT Group, called Horizon Innovations LLC, to market and commercialize heated tobacco stick products in the U.S.
2023 Altria acquired NJOY Holdings, Inc. for approximately $2.75 billion to enhance the company's smoke-free portfolio.
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