Grace's Guide

British Industrial History

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 147,160 pages of information and 233,401 images on early companies, their products and the people who designed and built them.

BAT Industries

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1976 As a result of reorganisation of British American Tobacco, BAT Industries became a publicly traded company[1]

1976 British American Cosmetics acquired Juvena of Switzerland[2]

1984 BAT Industries acquired Eagle Star Insurance Co, a first step into financial services[3]. Soon after acquired Hambro Life, which was said to make the financial services arm sufficiently large not to need further acquisitions[4]. Sold International Stores to Dee Corporation; sold the cosmetics business to Beecham[5].

1985 Name of Hambro Life changed to Allied Dunbar

The financial services division acquired Farmers Insurance (USA)

1998 The financial services division was merged with Zurich to form Zurich Financial Services; BAT shareholders would own 43 percent of the new company[6]

See Also

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Sources of Information

  1. The Times July 26, 1976
  2. The Times Oct. 13, 1976
  3. The Times Apr. 19, 1984
  4. The Times Dec. 17, 1984
  5. The Times Jan. 3, 1985
  6. The Times Dec. 24, 1997