Tobacco
American Tobacco Company was the original division of American Brands. American Tobacco was sold to British American Tobacco in 1994.
Insurance
American Brands acquired Franklin Life Insurance in 1979. It sold the company to American General in 1994.
ACCO
In 1987 American Brands acquired ACCO, a holding company which owned several office supply subsidiaries. Stapler manufacturer Swingline, Inc., which American Brands had acquired in 1970, was combined with ACCO. In 2005, the company spun off ACCO to shareholders, and immediately thereafter ACCO merged with General Binding Corporation. This merged company is now known as ACCO Brands.
Golf
The Acushnet Company, purchased in 1976, became American Brands' golf division. It produced golf balls, shoes, and clubs under the Pinnacle Golf, Titleist, FootJoy and Cobra Golf trademarks. The Acushnet Rubber division, which was Acushnet's original business, was sold off in 1985. Cobra Golf was sold to Puma AG in March 2010, and the other golf brands were sold to Fila in 2011.
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Home and hardware
The home and hardware division reached annual sales of over $4 billion, from Waterloo Industries, Moen faucets, Fypon, Therma-Tru doors, Simonton windows, Master Lock, American Lock, and Vista Window Company, Western Division. Many of these operations passed to Fortune Brands Home & Security when the company was split.
Spirits
Fortune Brands had a stable of well known spirits brands, led by Jim Beam, which it had purchased in 1968.
In July 2005, Fortune Brands and French spirits company Pernod Ricard acquired over 25 additional spirits and wine brands from British holding company Allied Domecq.
In November 2007, Constellation Brands announced a purchase of Fortune Brands' wine operations for $885 million USD, a transaction that added 1,500 acres (6.1 km2) of vineyards, several major brands such as Clos du Bois, and 2.6 million cases per year of "super-premium" class wine production.
After the other product lines were sold and spun off, the remaining spirits business became Beam Inc.