British American Tobacco p.l.c.

History

YearDetail
1902 British American Tobacco p.l.c. (BAT) was founded in 1902 as a joint venture between the Imperial Tobacco Company of the U.K. and the American Tobacco Company of the U.S.
1970-1973 British American Tobacco expanded its retail portfolio by acquiring Argos in the U.K. and Saks Fifth Avenue in the U.S.
1984-1989 BAT Industries expanded its portfolio in the insurance group by acquiring Eagle Star, Allied Dunbar, and Farmers Group.
2011 British American Tobacco acquired Productora Tabacalera de Colombia, S.A.S. (Protabaco), a cigarette company in Colombia, for an enterprise value of $452 million.
2013 British American Tobacco (BAT) established the China Tobacco joint venture with the China National Tobacco Corporation (CNTC), which became known as CTBAT, to facilitate its operations and market access within China.
2015 British American Tobacco acquired CHIC Group, a Vapour Product (e-cigarette) business in Poland.
2019 British American Tobacco launched three tobacco heating products in Japan as part of its glo THP range to expand its portfolio.
2020 British American Tobacco acquired the nicotine pouch product assets of Dryft Sciences LLC, a US-based Modern Oral nicotine product company, to strengthen the company 's portfolio in the nicotine category in the U.S.
2025 British American Tobacco announced a partnership with Accenture to transform its business operations functions with access to Accenture's analytics and Agentic AI solutions.
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