Altadis is a multinational purveyor and manufacturer of cigarettes, tobacco and cigars. Altadis is the result of a 1999 merger between Tabacalera, the former Spanish tobacco monopoly and SEITA, the former French tobacco monopoly. The company was acquired by Imperial Tobacco in February 2008.[1]
Company overview
Western Europe’s third largest cigarette manufacturer, Altadis produces and sells blond, regular and dark cigarettes. Its major markets include the United States, Spain and France. It also sells a range of prestige Cuban brands, thanks to its acquisition of a 50% interest in Habanos SA in 2000. Altadis also purchased Consolidated Cigar Corporation in the United States. Consolidated Cigar was a large purveyor of cigars such as the Dominican made Romeo y Julieta and Montecristo. In 2003, Altadis acquired 800-JR Cigar, Inc., one of the largest cigar retailers in the United States.
Cigarettes
Blond tobacco
- Anfa
- BZ (Balkanskaia Zvezde)
- Brooklyn
- Colt
- Ducados Rubio
- Fine
- Fortuna
- Fox
- Gauloises Blondes
- Iris
- Marquise
- News
- Nobel
- Popularne
- Prima
- Royale
- Smart
- Spike
- ZK (Golden Ring)
Black Tobacco
- Gitanes
- Habanos
- Casa Sports
- BN
- Ducados
Rolling Tobacco
- Amsterdamer
- Kennings
- Gauloises
Cigars
Premium
Popular
Logistic
In 2004, Altadis Group economic sales rose 3.9% to euro 3.518 million with a staff of 27 500 people.
Takeover by Imperial
On 18 July 2007, the board of Altadis backed a €16.2 billion offer for the company by Imperial Tobacco.[2] The acquisition was cleared by the Spanish stock market regulator on 7 November 2007, paving the way for the creation of the world's fourth largest tobacco company.[3] The offer period for Altadis' shares expired on 18 January 2008,[4] after which the company was removed from the IBEX 35 index.[5] The acquisition was completed on 25 February 2008 with the delisting of Altadis from the Bolsa de Madrid.[1]
References
External links
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