Grand Metropolitan PLC

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This article is part of the Tobacco portal on Sourcewatch funded from 2006 - 2009 by the American Legacy Foundation.

Grand Metropolitan PLC (Parent company of the Liggett Group 1980-86): Parent of The Liggett Group and Liggett & Myers Inc. from 1980 to 1986

Description

Grand Metropolitan PLC was the parent of The Liggett Group and Liggett & Myers Inc. from 1980 to 1986 (E. Whelan 1984; Merchants 1988). Liggett & Myers had diversified heavily in the 1970s and taken over Alpo Pet Food. The Liggett Group, as it became known, was then taken over by a British conglomerate called Grand Metropolitan PLC in 1980 (l. White, Merchants 1988). The Liggett Group was sold by Grand Metropolitan PLC to investors Robert E. Gillis and Bennett S. LeBow in 1986. GrandMet kept Alpo (L. White, Merchants 1988). See GrandMet USA, TTLA Almanac - Names.

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