# Imasco

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**Imasco Limited** was a Canadian corporation headquartered in [Montreal, Quebec](/source/Montreal), Canada. It was founded in 1970 as **Imperial and Associates, Co.**

## History

Imasco was the former owner of [Imperial Tobacco Canada](/source/Imperial_Tobacco_Canada), [Canada Trust](/source/Canada_Trust), [Shoppers Drug Mart](/source/Shoppers_Drug_Mart), Genstar, and the [Hardee's](/source/Hardee's) [restaurant chain](/source/Restaurant_chain). The company sold Hardee's in 1997 to [CKE](/source/CKE_Restaurants), Canada Trust in 2000 to [Toronto-Dominion Bank](/source/Toronto-Dominion_Bank) and Shopper's Drug Mart in 2000 to a consortium of institutional investors. [British American Tobacco](/source/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](/source/Imperial_Tobacco_Canada) Limited.

## References

1. ["TMX data"](http://apps.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=CompanySummary&PO_ID=25347&HC_FLAG2=Y)

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Adapted from the Wikipedia article [Imasco](https://en.wikipedia.org/wiki/Imasco) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Imasco?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.