Posted by: coastcontact | June 26, 2013

U.S. Companies with Foreign Ownership

Do you really care?

This item all started when Tesco PLC, a British company, announced it is planning to close its Fresh and Easy convenience markets located in many cities throughout the United   States.  One of the potential buyers is Trader Joe’s.  As it happens Trader Joe’s is owned by another foreign company, ALDI Einkauf GmbH & Co. oHG, a German company.

Everyone wants a piece of the American pie.  Bayer Aspirin is German.  Nestle is a Swiss company selling chocolate to water.  Royal Dutch Shell is the owner of Shell Oil, Philips Lighting (various light bulbs found in Lowe’s and Home Depot) is owned by Koninklijke Philips NV, a Dutch company, and Westfield shopping malls are owned by The Westfield Group an Australian conglomoerate.

Henan Shuanghui Investment & Development Co., China’s largest meat processing enterprise, will now be the parent company of brands like Armour, Farmland and Healthy Ones all thanks to the purchase of Smithfield Ham.

Others:

BEN & JERRY’S Unilever, the British/Dutch   company
GERBER Novartis, Swiss pharmaceutical   company
PURINA Nestle, a Swiss company
ALKA-SELTZER Bayer, a German pharmaceutical   company
JOHN HANCOCK LIFE INSURANCE Manulife Financial, a Canadian   insurance company
IBM THINKPAD Lenovo, a Chinese company
TD AMERITRADE Toronto Dominion Bank, a   Canadian company
BUDWEISER InBev, a   Belgian company

 

Learn more by reading the packages of the products you buy!

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Responses

  1. Very good posting. We must in this new day and age, become responsible conscientious consumers


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