Cigarettes & Tobacco M&A » By The Online Investor Staff, updated Mon., Jan. 24, 1:20 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; 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 moist smokeless tobacco products, snus products and wine; and Philip Morris Capital Corporation, which maintains a portfolio of finance assets. In addition, Co. owns an interest in Helix Innovations LLC, which is engaged in the manufacture and sale of oral nicotine pouches.
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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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