Altadis is a Spanish-French
The company was acquired by the British tobacco giant Imperial Brands (now Imperial Brands) in 2008, becoming a subsidiary of it.
Company history
French and Spanish state monopolies
In 1926,
France concentrated its
tobacco industry into a single state-run
monopoly called SEIT (Service d'Exploitation industrielle des tabacs).
[ "Altadis S.A.," FundingUniverse.com/ Retrieved February 19, 2011.] The production of
matches (allumettes) was added to the
state monopoly purview in 1935 and the company was renamed SEITA (Société d'exploitation industrielle des tabacs et des allumettes).
Following the end of World War II, Spain similarly established a state ownership tobacco monopoly called Tabacalera, Sociedad Anonima, Compañia Gestora del Monopolio de Tabacos y Servicios Anejos, commonly known as Tabacalera.
Throughout the decades of the 1960s and 1970s, national markets were gradually opened up to the importation of foreign tobacco brands and the national tobacco monopolies of both France and Spain were weakened and gradually privatization, with SEITA employees losing status as in 1962 and the company losing both its monopoly of tobacco cultivation and tobacco sales by 1971.
Acquisitions
purchased Consolidated Cigar Holdings Inc. of Fort Lauderdale[ in the United States. Consolidated Cigar was a large purveyor of cigars such as the Dominican made editions of Romeo y Julieta and Montecristo.]
In August 2000, Consolidated Cigar and Havatampa, owned by Tabacalera, merged to form Altadis USA.
In September 2000 Altadis purchased a 50% interest in the state tobacco monopoly, Habanos SA.
In 2003, Altadis acquired the internet seller JR Cigars, one of the largest cigar retailers in the United States.
2008 sale
On 18 July 2007, the board of Altadis backed a €16.2 billion offer for the company by
Imperial Tobacco (now Imperial Brands).
[Ben Bland and Ben Harrington, "Imperial Secures Altadis with £11 Billion Bid," The Daily Telegraph, 18 July 2007.] The acquisition was cleared by the Spanish stock market regulator on 7 November 2007, paving the way for the creation of the world's fourth largest tobacco company.
[ Age "Spain's Stock Market Commission Okays Imperial Bid for Altadis," Agence France Press, 7 November 2007.] The acquisition was completed on 25 February 2008 with the delisting of Altadis from the Bolsa de Madrid.
[ "Altadis to be Delisted Feb. 25," AFX News, 22 February 2008.]
Sales
Western Europe's third largest cigarette manufacturer, Altadis produced and sold blond, regular and dark cigarettes. Its major markets included the United States, Spain and France.
In 2004, Altadis Group economic sales rose 3.9% to euro 3.518 million with a staff of 27,500 people.
Appointments
In January 2019, Altadis announced new heads of sales and consumer marketing, in the face of Paul Waller and Brad Winstead.
Cigarettes
Blond tobacco
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Anfa
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Balkan Star (BS)
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Brooklyn
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Colt
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Ducados
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Fine
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Fortuna
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Fox
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Gauloises Blondes
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Iris
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Marquise
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News
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Nobel
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Popularne
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Prima
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Royale
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Smart
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Spike
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ZK (Golden Ring)
Black tobacco
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Gitanes
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Habanos
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Casa Sports
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BN
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Ducados
Cigars
Premium
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Don Diego
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Flor de Copan
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H. Upmann
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José Piedra
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Longchamp
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Montecristo
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Pleiades
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Por Larrañaga
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Quintero
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Romeo y Julieta
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Santa Damiana
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VegaFina
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Siglo Limited Reserve
Popular
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Antonio y Cleopatra
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Ducados Cigarros
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Dutch Masters
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Dux
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Entrefinos
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El Producto
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Farias
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Fleur de Savane
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Guantanamera
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Havanitos
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Henry Clay
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Niñas
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Phillies
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Picaduros
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Tampa Nugget
Other
Rolling tobacco
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Amsterdamer
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Kennings
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Gauloises
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Picadura Ideales
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Picadura Selecta
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Picadura Fina
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Horizon
Logistic
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Logista
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Régie des Tabacs
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Rouge Papier
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Nordipa
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LPM Promodern
See also
Notes
External links
