Swedish Match acquires Danish smokeless company

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Swedish Match acquires Danish smokeless company

Swedish Match bought V2 Tobacco of Denmark, a maker of smokeless products with a presence in more than 25 mostly European markets, for an undisclosed price, the snus manufacturer said

V2 Chief Executive Marc Vogel will remain with the company, which will operate with a great degree of independence, Swedish Match said. Major V2 markets include Denmark, Sweden, Norway and Germany. “A vibrant and independent V2 Tobacco business fits very well as a complement to our existing organization,” said...

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