Sweden: Imperial Brands acquires nicotine pouch brand Helwit
Imperial Brands, the UK-headquartered tobacco and next-generation product (NGP) manufacturer, has announced the acquisition of Swedish modern oral nicotine business Yoik Group. Yoik Group is the owner of Helwit, a modern oral challenger brand with a 3.4% domestic market share in Sweden, Europe’s largest modern oral nicotine market. Helwit is described as featuring a flavour-led […]
USA: Imperial Brands acquires Black Buffalo
Imperial Brands, the UK-headquartered tobacco giant, has announced the acquisition of Black Buffalo, a modern oral nicotine business based in the United States. The transaction involves an initial consideration of $150 million, with an additional deferred sum based on performance over three years and other criteria. Established in 2015, Black Buffalo manufactures tobacco alternative long […]
USA: ITG Brands acquires nicotine pouch range from TJP Labs
ITG Brands, a subsidiary of global tobacco and nicotine business Imperial Brands, has announced the acquisition of a nicotine pouch range from Canadian manufacturer TJP Labs to aid its entry into the modern US oral market. In a statement, ITG Brands, which currently produces a range of cigarettes, cigars and vapour products, said it had […]
UK: Imperial Brands to sell Premium Cigar business for €1,225 million
Tobacco enterprise Imperial Brands has announced the sale of its worldwide premium cigar business to investment consortia of individual investors for €1,225 million. This deal will include the sale of hand-rolled Cuban cigars brands Cohiba and Montecristo, as well as 50% stake Cuba’s official exporter Habanos. According to sources, this disposal reinforces the company’s focus […]