Without disclosing the terms of the transaction, the Danish pipe tobacco manufacturer Mac Baren Tobacco Company has reported that it has acquired the pipe tobacco portfolio and certain related fine cut brands of UK-based Imperial Tobacco, according to a Borsen report relayed by the TMA.
The acquisition of the Imperial products is expected to result in a production boost at Mac Baren’s Svendborg facility of about 25-30 percent.
And the additional sales are expected to generate an extra DKK100 million (US$15 million) in annual revenues.
In 2013, Mac Baren purchased Richmond, Virginia-based Sutliff Tobacco Company from Altadis.