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Japan Tobacco Inc

Japan Tobacco acquired Donskoy Tabak Group from ex-senator, the owner of Agrocom Holding Ivan Savvidi. The acquisition was announced in spring (see Ъ-Newspaper of March 19, 2018). The transaction value was estimated at about 90 billion rubles ($1.6 billion). It includes 100% of Donskoy Tabak and JSC and Pereslavl-Tabak, JSC, as well as 94.97% of Greek manufacturer Sekap, the co-owner of which the Russian company became in 2013. The buyer reported that acquisition of Donskoy Tabak would allow Japan Tobacco to supplement its portfolio with low-cost segment brands (including Kiss and Play) and expand its sales network due to strong sales pattern of the Russian company.

02 August 2018
Vedomosti

Japan Tobacco Inc. (JTI), one of the largest tobacco producers in the world, buys Russian Donskoy Tabak, the Japanese company announced. The transaction is estimated at 90 billion rubles, or about $1.6 billion.

“This acquisition shows our desire to strengthen our leading position in Russia. For several years, this market has been a backbone for group revenue growth. The transaction will increase our market share to about 40% and have an immediate impact on profits,” states the press release of the group.

16 March 2018
Vedomosti
Investor
1 900.0 mln
St. Petersburg, Russia, Lipetsk Region, Leningrad Region

Investor profile

Japan Tobacco Inc

Japan

Company's website: https://www.jti.com

T: +41 22 703 02 91

Public Company

JTI was established in 1999, when Japan Tobacco purchased business of R.J. Reynolds (American corporation) outside the USA. In 2007, JTI acquired Gallaher (British Corporation) and almost doubled in size as a result of that transaction. Today, the company's products are sold in 120 countries, with 26,000 employees working with the company. JTI's principal place of business is in Geneva, Switzerland.

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