Who owns L&M?
L&M is owned by Philip Morris International (the United States, NYSE: PM).[1]
Evidence: Philip Morris International Inc. Annual Report on Form 10-K filed 2026-02-06, SEC EDGAR, 6 February 2026. Verified from filings; last checked .
Key facts
- Current owner
- Philip Morris International Inc. verified
- Owner HQ
- 🇺🇸 United States, Stamford, Connecticut
- Origin
- 🇺🇸 United States
- Category
- Tobacco & nicotine › Tobacco products › Cigarettes
- Parent ticker
- NYSE: PM
- Last verified
- · 1 sources
About L&M
L&M is one of PMI's leading international cigarette brands, alongside Marlboro, Parliament, Chesterfield and Philip Morris; together the five made up 81% of PMI's 2025 cigarette shipment volume. The name is split under the 2008 PMI/Altria intellectual-property agreement: PMI owns it outside the United States, while Philip Morris USA, an Altria subsidiary, owns it inside the United States, where Altria's 10-K lists L&M as one of its domestic discount brands.
What Philip Morris International's annual report says about L&M
Sentences about L&M from Philip Morris International's latest annual filing[1], copied word for word.
Mr. de Wilde joined PMI in 1992 as Brand Manager L&M at Philip Morris Belgium, and throughout his career, he progressed through various roles at PMI in marketing, sales and general management.
How often Philip Morris International names L&M in its annual report
A plain count of the times the name appears in the text of each annual report, not counting the start of a sentence. A brand that an owner writes about more is usually one it treats as central.
Ownership timeline of L&M
- Current owner Philip Morris International [1] verified
Where L&M sits in Philip Morris International
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Philip Morris International ownership tree →
See the full Philip Morris International brand portfolio (6) →
Other brands owned by Philip Morris International
Philip Morris International controls 6 brands on Brandtree, 6 of them in tobacco & nicotine.
Also in tobacco & nicotine
Other brands in cigarettes, and who owns them
The 81 brands in cigarettes on Brandtree belong to 13 owners. The largest is Imperial Brands, with 11; Philip Morris International has 3.
| Brand | Owner | Owner based in |
|---|---|---|
| GG Mild | Gudang Garam | 🇮🇩 Indonesia |
| Crowns | Imperial Brands | 🇬🇧 United Kingdom |
| Camel (United States) | British American Tobacco | 🇬🇧 United Kingdom |
| American Legend | Karelia | 🇬🇷 Greece |
| Boston (Eastern cigarettes) | Eastern Company | 🇪🇬 Egypt |
| Djarum 76 | Djarum | 🇮🇩 Indonesia |
| Capstan | ITC | 🇮🇳 India |
| Camel | Japan Tobacco | 🇯🇵 Japan |
About the owner: Philip Morris International
Philip Morris International is a publicly listed company headquartered in Stamford, Connecticut, United States, founded in 1987. Brandtree records 6 brands under its control, and it is listed as NYSE: PM.
Philip Morris International is a Virginia-incorporated holding company that became an independent, separately listed company on 28 March 2008 when it was spun off from what was then Altria Group. It sells cigarettes and smoke-free products — heated tobacco, nicotine pouches and e-vapor — in markets outside the United States, and under a 2008 intellectual-property agreement with Altria it owns the rights to jointly developed brands, including Marlboro, everywhere except the United States.
Philip Morris International: full profile, brands and acquisition history →
🇺🇸 L&M and other American brands
Brandtree records a controlling owner for 2,570 brands that began in the United States. 501 of them (19%) are now controlled by a company headquartered in another country; L&M is not one of them.
- ALP — Turning Point Brands 🇺🇸
- Backwoods — Imperial Brands 🇬🇧
- Black & Mild — Altria 🇺🇸
- Camel — Japan Tobacco 🇯🇵
- Camel (United States) — British American Tobacco 🇬🇧
- Captain Black — Scandinavian Tobacco Group 🇩🇰
Frequently asked questions
Who is the parent company of L&M?
The parent company of L&M is Philip Morris International, a publicly listed company headquartered in the United States.
Is L&M owned by Altria?
No. L&M is owned by Philip Morris International, not Altria.
Is L&M American?
Yes. L&M originated in the United States and its owner, Philip Morris International, is also headquartered in the United States.
Is L&M still owned by Philip Morris International?
Yes. As of 29 October 2026, L&M is still owned by Philip Morris International. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Philip Morris International Inc. Annual Report on Form 10-K filed 2026-02-06 — SEC EDGAR, SEC Form 10-K, published 6 February 2026; retrieved 21 September 2026.
Report a correction Opens a pre-filled GitHub issue. See our corrections policy.