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Skruf Snus: Imperial Tobacco Buys 43.5% Stake In Co 

Jump to full article: Dow Jones via IWon, 2005-09-20
Author: Industry

Intro:

Skruf Snus said both companies will remain focused on continuing to develop profitability at the Swedish company, which will continue to be run by founders Jonas Engwall and Adam Gillberg.

"We're impressed by Skruf's rapid success on the Swedish market," said Imperial Tobacco CEO Gareth Davies.

"Snus (Swedish snuff) is a good addition to our broad portfolio of quality products and through our cooperation with Skruf we will expand geographically and strengthen our position in Scandinavia," he said.

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