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Tobacco

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Essentra sells Porous Technologies to Filtration Group for 220 mln stg

Thursday, 25 Aug 2016

Essentra : Divestment of Porous Technologies business . Transaction values Porous Technologies at £220m, free of cash and debt . Of which c. £215m in cash and c. £5m in the form of a promissory note payable three years from completion .Sale is to Filtration Group, an affiliate of Madison Industries.

ITC Ltd says BFIL Finance has ceased to be co's unit

Monday, 16 May 2016

ITC Ltd : Scheme of amalgamation of BFIL Finance Limited with Russell Credit Limited became effective from May 16, 2016 . BFIL Finance Limited has ceased to be a subsidiary of Russell Credit Limited and that of ITC Limited with effect from May 16, 2016 .

Japan Tobacco completes acquisition of Natural American Spirit Business outside the United States

Wednesday, 13 Jan 2016

Japan Tobacco Inc:The JT Group has completed the acquisition of the Natural American Spirit business outside the United States.Says the acquisition plan was announced on Sep. 29, 2015.

Vapor Group, Inc. Acquires Smart Wheels, Inc

Tuesday, 17 Nov 2015

Vapor Group, Inc:Says that on September 1, 2015, it had acquired 100% of Smart Wheels, Inc., a Florida corporation.Smart Wheels was started with the sole intended purpose to be acquired by Vapor Group in order to broaden the scope of products sold by Vapor Group to consumers and resale channels alike.Consideration paid for acquisition was cash paid solely for reimbursement of startup expenses and the purchase of Smart Wheel's initial product inventory.

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