Imperial Brands

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USA: ITG Brands acquires nicotine pouch range from TJP Labs

June 27, 2023

Mergers & Acquisitions, North America, Tobacco

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 acquired a 14-strong range that has performed well in consumer testing. Imperial Brands currently offers …

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UK: Imperial Brands to sell Premium Cigar business for €1,225 million

April 27, 2020

Europe, Mergers & Acquisitions, Tobacco

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 on simplifying its business, allowing the company to pay its debt. Joint Interim Chief Executives …

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