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Commonwealth Brands, Inc. and Altadis USA to Integrate Operations

May 6, 2011

BOWLING GREEN, Ky., May 6, 2011 /PRNewswire/ — Commonwealth Brands, Inc. has announced that it will be integrating its sales and marketing operations with its Florida-based sister company, Altadis USA. This will allow the companies to provide their customers with greater sales coverage and more comprehensive services. The combined portfolio will incorporate cigarettes, fine cut tobacco, mass market cigars, pipe, papers and tubes. The premium cigar division of Altadis USA will remain as a separate entity.

In order to better service the combined business, Altadis USA’s current offices in Fort Lauderdale will become the corporate center for the newly integrated company. As a result, the proposed Commonwealth Brands Corporate Office relocation to Nashville, TN will not take place.

The integration, between the two Company’s sales and marketing functions, is expected to be completed within six months and the transition of all other departments to Fort Lauderdale within 12 months.

Commonwealth Brands, Inc. is the fourth largest tobacco manufacturer in the United States. Its cigarettes include Davidoff, Sonoma, Montclair and USA Gold, one of the nation’s best selling brands.* Its portfolio of fine tobaccos consists of the Premier, McClintock, Rave and Bali Shag brands. The company also manufactures a range of tobacco related products, which include Premier, Rizla, and El Rey cigarette tubes and E-Z Wider and Joker cigarette papers. Commonwealth Brands, Inc. is based in Bowling Green, Kentucky, and employs over 900 people across 50 States. The Company is committed to it employees, its brands and its consumers.

*Source: Management Science Associates, Inc.

SOURCE Commonwealth Brands, Inc.


Source: newswire



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