Mergers & Acquisitions

As one of the very few listed companies in the non-smoke segment, and in addition to solid organic growth with continued healthy operating finances, we an aggressive growth strategy with a focus on acquisitions and mergers.

As a goal, strategic acquisitions must take place at favorable levels. As a general rule, companies must meet clear requirements:

• Established in their respective markets
• Positive cash flow
• Unrealised potential in the form of purchasing agreements, synergies and other economies of scale

Retail channels and distribution networks will be built to drive significant volumes of self-produced brands within and outside the Nordic region.