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Tobacco giant acquires majority stake in Gotland Snus
This is confirmed by a press release
This confirms the media data that Swedish Match would buy Gotland Snus early this week [19659004]produces and sells products without snus and nicotine, and has sales in Sweden, the United States, Asia and parts of Europe. The products are sold under such brands as snus and Jakobsson Qvitt
annual business figure is about 50 million.
Henrik Jacobsson will continue his role as CEO of Gotland Snus and will also remain a minority shareholder of Gotlandssnus. The transaction is expected to close on August 22nd.
The details of the acquisition price have not been published. In the data released earlier that an agreement was in progress, an amount of 300 million SEK was mentioned
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