Imasco

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

Imasco Limited

Formerly	Imperial and Associates, Co.
Company type	Public
Traded as	TSX: IMS[1]
Industry	Tobacco Restaurants Pharmacies Trusts
Founded	1970; 55 years ago (1970)
Defunct	2000 (2000)
Fate	Merged into Imperial Tobacco Canada
Headquarters	Montreal, Quebec, Canada
Area served	42 US states and 42 countries
Parent	British American Tobacco

History

Imasco was the former owner of Imperial Tobacco Canada, Canada Trust, Shoppers Drug Mart, Genstar, 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, or BAT, 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.