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Swedish Match acquires Cigars International

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08:41 CEST+02:00
Swedish Match has acquired the American firm Cigars International, a company that markets and sells cigars.

The privately owned firm will continue to be run as a private company.

Sven Hindriks, CEO of Swedish Match, explained that the acquisition was in line with the company's long-term strategy and that it will enable the company to strengthen its position on the global cigar market.

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