Reynolds American Inc.
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View of the Reynolds American building
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| Public | |
| Traded as | : RAI S&P 500 Component |
| Industry | Tobacco |
| Founded | 2004 |
| Headquarters | Winston-Salem, North Carolina, United States |
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Key people
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Susan Cameron (Chairman President & CEO) |
| Revenue |
 US$ 8.236 billion (2013) US$ 8.304 billion (2012) |
 US$ 3.132 billion (2013) US$ 2.214 billion (2012) |
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US$ 1.718 billion (2013) US$ 1.272 billion (2012) |
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| Total assets |
US$ 15.402 billion (2013) US$ 16.557 billion (2012) |
| Total equity |
US$ 5.167 billion (2013) US$ 5.257 billion (2012) |
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Number of employees
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5,400 (2011) |
| Website | www |
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Footnotes / references |
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Reynolds American, Inc. (: RAI) is an American tobacco company and is the second-largest tobacco company in the United States. 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) and moist snuff (Grizzly and Kodiak brands).
In 2010, Reynolds American's operating companies sold about 28% of all cigarettes sold in the U.S.
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.
Reynolds American was formed in January 2004 and began trading publicly on the New York Stock Exchange as RAI in August 2004.
In July 2004 the U.S. business of British American Tobacco (Brown & Williamson) was combined with that of R. J. Reynolds Tobacco Company (R. J. Reynolds), under the R. J. Reynolds name. R. J. Reynolds and Brown & Williamson were the second and third-ranking U.S. tobacco companies prior to the combination. When they combined, R. J. Reynolds became a subsidiary of Reynolds American, with BAT holding a 42% share of RAI. Santa Fe Natural Tobacco Company, which manufactures the additive-free Natural American Spirit brand of tobacco products, also became a subsidiary of Reynolds American at that time.
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