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Tabacalera

From Alfawiki
Tabacalera, S.A.
Company typeSociedad Anónima
IndustryTobacco
FoundedMarch 5, 1945; 81 years ago (1945-03-05)
FateMerged with SEITA to form Altadis in 1999; later acquired by Imperial Tobacco
Headquarters
Madrid
,
Spain
ProductsCigarettes (Ducados, Fortuna), cigars (via Corporación Habanos)

Tabacalera was a Spanish enterprise specializing in tobacco, officially established on March 5, 1945.[1]

In 1999, it combined operations with the French firm SEITA to create Altadis,[2] which was subsequently purchased by Imperial Tobacco.[3] Among its prominent product lines were the cigarette brands Ducados and Fortuna.

Additionally, Tabacalera owned half of the shares in Cuba's state-run cigar export company, Corporación Habanos.[4]

References

  1. ↑ Altadis, S.A. (hereafter referred to as “the Parent Company”) originated on March 5, 1945, initially named Tabacalera Sociedad Anónima, Compañía Gestora del Monopolio de Tabacos y Servicios Anejos, later simplified to Tabacalera, S.A.
  2. ↑ Seita and Tabacalera finalized a tobacco industry merger
  3. ↑ Imperial Tobacco completed the acquisition of Altadis for $17 billion
  4. ↑ Spain’s Tabacalera positioned to enter the US cigar market amid easing Cuba relations