Tag: Japan Tobacco
Cigarettes are sold less frequently – tobacco manufacturers remain highly profitable
Dusseldorf Although fewer cigarettes are sold in Germany, the tobacco industry is still highly profitable. Cigarette sales fell by 8.3 percent in 2022, more significantly than in previous years: 65.8…
Philip Morris buys Swedish Match for $16 billion
New York, Stockholm The US tobacco company Philip Morris International is expanding its range of smoke-free products and is taking over the smaller European competitor Swedish Match. Philip Morris is…
Philip Morris considers acquisition of Swedish Match
New York, Stockholm The US tobacco company Philip Morris International is interested in taking over the smaller European competitor Swedish Match. Both sides confirmed negotiations in separate press releases on…