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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, Inc. is a holding company, which provides a portfolio of tobacco products for U.S. tobacco consumers aged 21+. Its segments include smokeable products, oral tobacco products, and all other. The smokeable products segment includes of combustible cigarettes manufactured and sold by Philip Morris USA Inc. (PM USA), and machine-made large cigars and pipe tobacco manufactured and sold by Middleton. The oral tobacco products segment consists of moist smokeless tobacco (MST) and snus products manufactured and sold by U.S. Smokeless Tobacco Co. LLC (USSTC), and oral nicotine pouches manufactured and sold by Helix Innovations LLC (Helix).
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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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