British American Tobacco is a household name in the production and distribution of cigarettes and other tobacco products. Formed in 1902 after Imperial Tobacco Company agreed to merge with U.S American Tobacco Company, the company has grown to become the second-largest tobacco company in the world. Headquartered in London England, the company began its operations in the U.K, the U.S, Canada China, and Germany.
The company manufactures vapor and tobacco heating products as well as nicotine products and oral tobacco. It boasts of some of the biggest and best-selling brands, namely Dunhill and Lucky Strike and Kent.
The company continues to grow at an impressive rate, thanks to mergers and acquisitions. Its biggest acquisition to date is Reynolds American that it acquired for $49.4 billion in 2017. It has since followed the acquisition with a $100 million deal for a number of Bulgarian cigarette brands.
The company’s stock is listed in a number of exchanges including the London Stock Exchange, New York Stock Exchange as well as Johannesburg Stock Exchange and Nairobi Stock Exchange.