In 2004 it was privatized through an auction, won by British American Tobacco, at a price of 2,325 million Euros and has since changed its name to British American Tobacco Italia.
[4][5] It was wholly owned by the Italian Ministry of Economy and Finance before the takeover.
ETI has inherited the production and marketing of salts and tobacco from the Autonomous Administration of State Monopolies.
ETI owned the following brands: MS, Nazionali, Sax, Lido, Linda, Eura, Stop, Futura, Alfa and the Tuscan cigar.
At present, the Chiaravalle plants (Manifattura Italiana Tabacco), Lucca and Cava dei Tirreni (Manifattura Sigaro Toscano) are still in production, in which a new plant was also constructed in 2007 in Settimo Torinese (Yesmoke).