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VELO belongs to British American Tobacco p.l.c. through Nicoventures Retail (UK) Ltd.. VELO is owned by British American Tobacco p.l.c., headquartered in the United Kingdom. No. The ultimate owner of VELO, British American Tobacco p.l.c., is headquartered in the United Kingdom, not in the United States.
British American Tobacco is one of the world's leading multinational companies, known for manufacturing tobacco and nicotine products.
Sources: bat.com, en.wikipedia.org
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