Cigarettes & Tobacco M&A » By The Online Investor Staff, updated Fri., May. 24, 7:05 AM
Recent mergers and acquisitions in the Cigarettes & Tobacco M&A category.
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Slide #1. Altria Group, Inc. — Green Smoke, Inc. and its affiliates
Acquirer:
Altria Group, Inc. (NYSE:MO)
Acquiree:
Green Smoke, Inc. and its affiliates
Details:
Altria Group, Inc. (Altria) (NYSE:MO) today announced that its subsidiary, Nu Mark LLC (Nu Mark), has completed the acquisition of the e-vapor business of Green Smoke, Inc. and its affiliates. The transaction is valued at approximately $110 million in cash and up to $20 million in incentive payments.
Altria Group is a holding company. Co.'s subsidiaries include: Philip Morris USA Inc., which is engaged in the manufacture and sale of cigarettes; John Middleton Co., which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco; Sherman Group Holdings, LLC and its subsidiaries, which are engaged in the manufacture and sale of cigarettes and the sale of cigars; and UST LLC, which through its subsidiaries, including U.S. Smokeless Tobacco Company LLC and Ste. Michelle Wine Estates Ltd., is engaged in the manufacture and sale of smokeless tobacco products and wine. The products of Co.'s tobacco subsidiaries include smokeable tobacco products and machine-made cigars.
Altria Group SEC Filing Email Alerts Service
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List of Cigarettes & Tobacco Mergers & Acquisitions in this Slideshow:
9/30/2013:
Acquirer: Philip Morris International Inc. (PM)
Acquiree: 49% Interest in Arab Investors-TA
Merger/Acquisition details: details »
10/1/2013:
Acquirer: Lorillard, Inc. (LO)
Acquiree: SKYCIG
Merger/Acquisition details: details »
2/3/2014:
Acquirer: Altria Group, Inc. (MO)
Acquiree: E-Vapor Business of Green Smoke, Inc.
Merger/Acquisition details: details »
4/1/2014:
Acquirer: Altria Group, Inc. (MO)
Acquiree: Green Smoke, Inc. and its affiliates
Merger/Acquisition details: details »
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