7 Iconic Brands That Aren’t American Anymore

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00:007 Iconic Brands That Aren't American Anymore

00:03Budweiser

00:05Once American, Budweiser became Belgian-controlled after InBev's 2008-52 billion dollar merger.

00:13Although brewed domestically, profits and leadership reside overseas.

00:177-Eleven

00:18Founded in Dallas, 7-Eleven became fully Japanese-owned by 2005 under Seven and I Holdings,

00:25yet many still associate the chain with American culture.

00:288-Burger King

00:30Founded in Miami, Burger King moved under Canadian parent RBI in 2014,

00:36joining Tim Hortons and Popeyes, headquarters relocating to Canada.

00:419-Firestone

00:41Akron-founded Firestone, famed for Model T Tires, was acquired by Japan's Bridgestone in 1988.

00:49And today, Firestone still operates in the U.S., but it is fully part of Bridgestone Corporation.

00:56Holiday Inn

00:56Memphis-born Holiday Inn, launched in 1952, was acquired by Britain's base PLC in 1988,

01:05and now belongs to Intercontinental Hotels Group, a fully British-owned company.

01:10Trader Joe's

01:11Trader Joe's, famed for quirky brand and private labels, has been German-owned since 1979 under Aldi co-founder Theo Albrecht.

01:20Frigidaire

01:21Indiana-born Frigidaire, once a General Motors brand, was bought by Sweden's Electrolux in 1986.

01:29American sales now send profits abroad.

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