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Just read that Altadis, was an American company, owns half of Habanos SA. Interesting business political situation!
It was bought out by Imperial Tobacco in 2008. A British company. Now the largest producer of Cigars and premium tobacco.
I thought it was 100% Cuban business. I know CubaTabaco produces and Habanos SA is marketing and distribution.
I find it quite interesting. I wonder who owns/runs this Imperial Tobacco. And how pally they must be with H&F.
From Wikipedia:
Altadis was formed via a 1999 merger between Tabacalera, the former Spanish tobacco monopoly and SEITA, the former French tobacco monopoly. Through its international holdings, including ownership of the former Consolidated Cigar Holdings Inc. and half ownership of the Cuban state tobacco monopoly, Habanos S.A., Altadis was the largest producer of mass market and premium cigars in the world, as well as the fourth largest producer of tobacco products. The company was acquired by the British tobacco giant Imperial Tobacco (now Imperial Brands) in 2008
It was bought out by Imperial Tobacco in 2008. A British company. Now the largest producer of Cigars and premium tobacco.
I thought it was 100% Cuban business. I know CubaTabaco produces and Habanos SA is marketing and distribution.
I find it quite interesting. I wonder who owns/runs this Imperial Tobacco. And how pally they must be with H&F.
From Wikipedia:
Altadis was formed via a 1999 merger between Tabacalera, the former Spanish tobacco monopoly and SEITA, the former French tobacco monopoly. Through its international holdings, including ownership of the former Consolidated Cigar Holdings Inc. and half ownership of the Cuban state tobacco monopoly, Habanos S.A., Altadis was the largest producer of mass market and premium cigars in the world, as well as the fourth largest producer of tobacco products. The company was acquired by the British tobacco giant Imperial Tobacco (now Imperial Brands) in 2008
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