is a multinational
purveyor and manufacturer of cigarettes
. Altadis is the result of a 1999 merger
, the former Spanish
tobacco monopoly and SEITA
, the former French
. The company was acquired by Imperial Tobacco
in February 2008.
’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 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
. In 2003, Altadis acquired 800-JR Cigar, Inc.
, one of the largest cigar retailers in the United States.
- BZ (Balkanskaia Zvezde)
- Ducados Rubio
- Gauloises Blondes
- ZK (Golden Ring)
- Casa Sports
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
. 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. The offer period for Altadis' shares expired on 18 January 2008, after which the company was removed from the IBEX 35
index. The acquisition was completed on 25 February
with the delisting
of Altadis from the Bolsa de Madrid