Altadis
Altadis
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|
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legal form | Corporation |
ISIN | ES0177040013 |
founding | 1636 |
Seat | Spain , Madrid |
management | Jean-Dominique Comolli (Chairman of the Supervisory Board), Robert Dyrbus ( CEO ) |
Number of employees | > 28,000 |
The Altadis SA is a Spanish-French tobacco company . It is the third largest company in the European cigarette market and number 1 worldwide as a cigar manufacturer. Altadis also has a sales network for tobacco products that is unique in Europe, with 300,000 sales outlets in France, Spain, Italy, Portugal and Morocco. It was taken over by Imperial Tobacco (Imperial Brands) in February 2008 .
Altadis employs over 28,000 people. Total sales were 4.11 billion euros in 2005.
Foundation and company history
Altadis was created in 1999 from the merger of the two tobacco companies Tabacalera (Spain) and Seita (France).
From 2007 to 2008 there was a bidding war for the group, in which the offer of the British competitor Imperial Tobacco prevailed against those of the financial investors CVC Capital Partners and PAI Partners .
Products
Individual evidence
- ↑ Altadis to be delisted Feb. 25 - bourse , Thomson Financial. February 22, 2008. Retrieved July 22, 2015.