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of USA
1847 Philip Morris (1835-1873) opened a shop selling hand-rolled Turkish cigarettes in London's Bond Street.
1850 Started to manufacture the hand-rolled cigarettes he had previously sold.
1873 Philip Morris died, and the company was taken over by his wife and brother Leopold Morris.
1885 The company became Philip Morris and Company and Grunebaum when Joseph Grunebaum joined the business.
1887 The company reverted to Philip Morris and Company.
1894 Control of the company was taken over by William Curtis Thomson and his family.
1902 The company was owned jointly by the British and American partners.
1919 A new company was set up in Virginia and acquired the American Philip Morris Company. The new company name being Philip Morris and Co. Inc.
c1920s The famous Marlboro brand was introduced.
1980 After the company expanded into other areas of business, the total group revenue was $10 billion.
See Also
Sources of Information
- Trademarked. A History of Well-Known Brands - from Aertex to Wright's Coal Tar by David Newton. Pub: Sutton Publishing 2008 ISBN 978-0-7509-4590-5