In Reply to: Re: but what about the parent company? posted by The Nit Nurse on May 28, 1996 at 18:39:35:
: GrandMet is a UK owned multinational. Like most multinationals
: they have 'national head offices' around the world. It's main
: head office is in London.
: Burger King, and its parent are both 100% UK owned.
This information came from Hoovers' Online Company profile
Grand Metropolitan Inc.
712 Fifth Ave., Ste. 4600 New York, NY 10019
a subsidiary of Grand Metropolitan PLC
"Diversified operations - food (Pillsbury, Green Giant, Haagen-Dazs), alcoholic beverages
(Smirnoff, Almaden, Inglenook), & retailing (Burger King, Pearle Vision)"
Grand Metropolitan PLC
20 St. James's Sq. London SW1Y 4RR, UK
"Once known primarily as a hotelier, Grand Metropolitan is now a grand food and liquor
behemoth. The company sports such brands as Pillsbury, Burger King (the #2 fast-food retailer,
behind McDonald's), Haagen-Dazs, Smirnoff, Baileys, Green Giant, and Pet (Old El Paso
Mexican foods, Progresso soups). GrandMet sells goods in more than 50 countries, with over
90% of its revenues coming from the US (60%) and Europe (30%). Low liquor sales have the
company expanding into China, Eastern Europe, India, and Russia. Grand Met buys consumer
goods and service companies whose products have international branding potential and whose
lines complement each other (Zwack Unicum, Hungary's top spirits distiller)."
So it appears that the parent company is British owned, and the subsidiary is American.
But like Tony said, WHO CARES!!
the important thing is WHAT THEY DO, and NOT where they come from.