| Wikipedia: Altadis |
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| Type | Wholly-owned subsidiary |
|---|---|
| Founded | 1999 |
| Headquarters | Madrid, Spain |
| Key people | Jean-Dominique Comolli (Chairman of the Board), Robert Dyrbus (CEO) |
| Industry | Tobacco, logistics |
| Products | Tobacco, distribution of tobacco and non-tobacco products |
| Revenue | € 4.112 billion (2005) |
| Owner(s) | Imperial Tobacco |
| Employees | 28,817 |
| Website | www.altadis.com |
Altadis is a multinational purveyor and manufacturer of cigarettes, tobacco and cigars. Altadis is the result of a 1999 merger between Tabacalera, the former Spanish tobacco monopoly and SEITA, the former French tobacco monopoly. The company was acquired by Imperial Tobacco in February 2008.[1]
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Company overview
Western Europe’s third largest cigarette manufacturer, Altadis produces and sells blond, regular and dark cigarettes. Its major markets include the United States, Spain and France. It also sells a range of prestige Cuban cigar brands, thanks to its acquisition of a 50% interest in Habanos SA in 2000. Altadis also purchased Consolidated Cigar Corporation in the United States. Consolidated Cigar was a large purveyor of cigars such as the Dominican made Romeo y Julieta and Montecristo. In 2003, Altadis acquired 800-JR Cigar, Inc., one of the largest cigar retailers in the United States.
Cigarettes
Blond tobacco
- Anfa
- BZ (Balkanskaia Zvezde)
- Brooklyn
- Colt
- Ducados Rubio
- Fine
- Fortuna
- Fox
- Gauloises Blondes
- Iris
- Marquise
- News
- Nobel
- Popularne
- Prima
- Royale
- Smart
- Spike
- ZK (Golden Ring)
Black Tobacco
- Gitanes
- Habanos
- Casa Sports
- BN
- Ducados
Rolling Tobacco
- Amsterdamer
- Kennings
- Gauloises
- Picadura Ideales
- Picadura Selecta
- Picadura Fina
Cigars
Premium
- Don Diego
- Flor de Copan
- H. Upmann
- José Piedra
- Longshamp
- Montecristo
- Pleiades
- Quintero
- Romeo y Julieta
- Santa Damiana
- VegaFina
Popular
- Antonio y Cleopatra
- Backwoods
- Ducados Cigarros
- Dutch Masters
- Dux
- Entrefinos
- Entrefinos
- Farias
- Fleur de Savane
- Guantanamera
- Havanitos
- Niñas
- Phillie
- Picaduros
- Tampa Nugget
Logistic
- Logista - Logista
- Nacex - Nacex
- Integra2 - Integra2
- Logesta - Logesta
- Logi Rest - Logi Rest
- Logista Libros
- Logista Publicaciones
- Logistadis - Logistadis
- Logista Pharma
- Logista France - Logista France
- Altadis Distribution France
- Logista Portugal - Logista Portugal
- Logista Italia and Etinera - Logista Italia
- Régie des Tabacs - Altadis Maroc (before Régie des Tabacs)
- Rouge Papier - Rouge Papier
- Nordipa - Nordipa
- LPM Promodern - LPM Promodern
In 2004, Altadis Group economic sales rose 3.9% to euro 3.518 million with a staff of 27 500 people.
Takeover by Imperial
On 18 July 2007, the board of Altadis backed a €16.2 billion offer for the company by Imperial Tobacco.[2] 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.[3] The offer period for Altadis' shares expired on 18 January 2008,[4] after which the company was removed from the IBEX 35 index.[5] The acquisition was completed on 25 February 2008 with the delisting of Altadis from the Bolsa de Madrid.[1]
References
- ^ a b "Altadis to be delisted Feb 25 - bourse". AFX News (Forbes). 22 February 2008. http://www.forbes.com/markets/feeds/afx/2008/02/22/afx4685031.html. Retrieved on 2008-02-26.
- ^ Bland, Ben; Harrington, Ben (18 July 2007). "Imperial secures Altadis with £11bn bid". The Daily Telegraph. http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/18/bcnaltadis118a.xml. Retrieved on 2007-07-18.
- ^ "Spain's stock market commission okays Imperial bid for Altadis". Agence France Presse. 7 November 2007. http://afp.google.com/article/ALeqM5iklT7D-P1vGjAAoBTX5aeWaSYxYQ. Retrieved on 2007-11-08.
- ^ "Imperial extends Altadis offer period". Reuters. 8 January 2008. http://www.reuters.com/article/innovationNews/idUSL0867355720080108. Retrieved on 2008-01-19.
- ^ "Notice from the Technical Advisory Committee of the IBEX Indices concerning Sociedad General de Aguas de Barcelona, S.A. and Altadis, S.A." (PDF). Sociedad de Bolsas. 10 January 2008. http://www.sbolsas.com/ing/ficheros/documentos/comiteasesor/AC01-08en.pdf. Retrieved on 2008-01-19.
External links
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