Company type | Subsidiary |
---|---|
Industry | Tobacco |
Predecessor | BATUS, Inc. Brown & Williamson R.J. Reynolds[1] |
Founded | 2004 |
Headquarters | Winston-Salem, North Carolina, United States |
Key people | David Waterfield (President and CEO) |
Products | Cigarettes |
Revenue | US$ 8.236 billion (2013)[2] US$ 8.304 billion (2012)[2] |
US$ 3.132 billion (2013)[2] US$ 2.214 billion (2012)[2] | |
US$ 1.718 billion (2013)[2] US$ 1.272 billion (2012)[2] | |
Total assets | US$ 15.402 billion (2013)[3] US$ 16.557 billion (2012)[2] |
Total equity | US$ 5.167 billion (2013)[3] US$ 5.257 billion (2012) [3] |
Number of employees | 5,400 (2011) |
Parent | British American Tobacco |
Website | reynoldsamerican.com |
Footnotes / references [4] |
Reynolds American, Inc. is an American tobacco company which is a subsidiary of British American Tobacco[5] and is the second-largest tobacco company in the United States.[6] Its holdings include R. J. Reynolds Tobacco Company, American Snuff Company (formerly Conwood Company), Santa Fe Natural Tobacco Company, and Niconovum AB.
Reynolds American's subsidiaries manufacture and market a variety of tobacco products, including cigarettes (Newport, Camel, Pall Mall, Kent, Doral, Misty, Capri, and Natural American Spirit brands), electronic cigarettes (Vuse brand), and moist snuff (Grizzly and Kodiak brands).[7]
In 2010, Reynolds American's operating companies sold about 28% of all cigarettes sold in the U.S.[8] In July 2014, Reynolds American announced the purchase of Lorillard Tobacco Company in a deal valued at $27 billion. In January 2017, Reynolds American agreed to be purchased by British American Tobacco for $49.4 billion.[9]
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