Imasco

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Imasco Limited
Industry Restaurants, Pharmacies, Trusts
Founded 1970
Headquarters Montreal, QC, Canada
Revenue Increase $8.8 million USD (1989)
Net income Increase $22.5 million USD (1987)
Owners British American Tobacco
Employees 157,300 (1989)
Parent British American Tobacco
Website Imasco.com

Imasco Limited was headquartered in Montreal, Canada. It was founded in 1970 as Imperial and Associates, Co.

History[edit]

Imasco was the former owner of Canada Trust, Shoppers Drug Mart and the Hardee's restaurant chain. The company sold Hardee's in 1997 to CKE, Canada Trust in 2000 to Toronto-Dominion Bank and Shopper's Drug Mart in 2000 to a consortium of institutional investors. British American Tobacco had owned 41.5% of Imasco's shares. In 2000 British American Tobacco purchased the remaining 58.5% shares in Imasco and amalgamated the company with Imperial Tobacco Canada Limited.

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