Releases - Swedish Match

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1997

 

Found press releases

 

Swedish Match enters into match business in India

12/17/1997 6:00 AM EST
PRESS RELEASE
December 17, 1997

Swedish Match enter into match business in India

Swedish Match has entered into an agreement for the acquisition - at a cost of
approxi-mately 7 MUSD - of a controlling interest in two Singaporean
investment companies, owned by the Jatia Group, which will give Swedish Match
joint management control over Wimco Limited. The two investment...

Swedish Match acquires match business in Bulgaria

12/1/1997 6:00 AM EST
PRESS RELEASE
December 1, 1997



Swedish Match have, at a price of 2.35 MUSD, acquired 58% of the shareholding
of PLAM Bulgarski Kibrit JSCo, Bulgaria's leading match manufacturer.

PLAM has aprox. 400 employees in one factory and headoffice located in the
town of Kostenets, 70 km Southeast of the capitol Sofia. Sales 1997 amounts to
approx. 35 MSEK. PLAM is being...

Swedish Match acquires R.J. Reynolds Cigar business in Finland

11/27/1997 6:00 AM EST
Swedish Match has entered into an agreement with R.J. Reynolds International
regarding the acquisition of the production operations of the cigar plant in
Pietersaari in Finland per December 1, 1997.

According to the terms of the agreement, all cigar brands will be transferred
to Swedish Match. However, R.J. Reynolds OY will on behalf of Swedish Match
continue to handle the sales,...

Swedish Match - First to Freemantle

11/23/1997 6:00 AM EST
!

Internal investment the motive for participation

The winner of the second stage of the Whitbread Round the World Race was the
yacht sponsored by the company Swedish Match. For Swedish Match, the Whitbread
Race represents part of a new programme of internal development and training.

At every port of call, information is spread to all employees about the region

Interim Report January - September 1997

11/6/1997 6:00 AM EST
Interim Report
January - September 1997

Increase in consolidated net earnings.

Snuff and Matches report strong increases in earnings.

Higher sales reported by several divisions compensated for a decline in
Cigarettes Division sales.

Joint-venture agreement reached in Turkey with KAV for match production
and sales.

Interim Report, January-September 1997

11/6/1997 6:00 AM EST
Interim Report

January - September 1997


Increase in consolidated net earnings.

Snuff and Matches report strong increases in earnings.

Higher sales reported by several divisions compensated for a decline in
Cigarettes Division sales.

Joint-venture agreement reached in Turkey with KAV for match production
and sales.

Interim Report January-September 1997

11/6/1997 6:00 AM EST
Interim Report

January - September 1997


Increase in consolidated net earnings.

Snuff and Matches report strong increases in earnings.

Higher sales reported by several divisions compensated for a decline in
Cigarettes Division sales.

Joint-venture agreement reached in Turkey with KAV for match production
and sales.

Break-through in Turkey

10/8/1997 7:00 AM EST
PRESS RELEASE
October 8, 1997

BREAK-THROUGH IN TURKEY

Swedish Match and Kav Orman San.A.S., a company controlled by Koç Holding A.S.
- the leading industrial conglomerate in Turkey with a turnover of 13 billion
USD - have entered into an agreement on forming a joint venture on a 60/40
basis (SM/KAV) to develop match, lighter and tobacco business in Turkey and
the Turkic...

Acquisition in Sweden

10/8/1997 7:00 AM EST
Pressrelease

October 8, 1997



Swedish Match makes a public offer of SEK 170 per share for the shares of
Treab Plus AB, a Swedish distributor of tobacco and tobacco related products

as well as postcards, wrapping paper etc to retailers in Sweden. The value of
the offer represents SEK 16.5 million. The turnover in 1996 for Treab Plus was

SEK 105 million...

Ann-Margret at the Whitbread Around the World Race in Southampton

9/21/1997 7:00 AM EST
Pressrelease

1997-09-21
Ann-Margaret creates interest in Sweden at the Whitbread Around the World Race
in Southampton

Ann-Margaret, an international symbol of Sweden, has left Beverly Hills in
California for Southampton, as Ambassador of Good Will for the Swedish Match

yacht. Her task is to create interest in Sweden, the boat and its crew. By
waving off the boat...

Swedish Match

Swedish Match develops, manufactures and sells market-leading brands in the product areas Snus and snuff, Other tobacco products (US mass market cigars and chewing tobacco), and Lights (matches and lighters).

The Group se...

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Emmett Harrison
  • Emmett Harrison
  • Senior Vice President Corporate Communications and Sustainability
  • +46-70-9380173
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