Tabacalera Explained

Tabacalera, S.A.
Type:Sociedad Anónima
Industry:Tobacco
Fate:Merged with SEITA
Successor:Altadis
Location City:Madrid
Location Country:Spain
Products:Ducados, Fortuna

Tabacalera was a Spanish tobacco company incorporated on March 5, 1945.[1]

In 1999, the company merged with SEITA of France to form Altadis[2] which was later purchased by Imperial Tobacco.[3] Its brands included Ducados and Fortuna.

Tabacalera owned a 50% stake in Cuba's official cigar export operation Corporación Habanos.[4]

Notes and References

  1. Web site: Altadis S.A. notes to 2005 consolidated financial statements - Dec 31, 2005 . www.sec.gov . 17 October 2024 . Altadis, S.A. (hereinafter “the Parent Company”) was incorporated on March 5, 1945, under the name of Tabacalera Sociedad Anónima, Compañía Gestora del Monopolio de Tabacos y Servicios Anejos, which was subsequently changed to Tabacalera, S.A..
  2. News: Seita, Tabacalera ink tobacco merger . 17 October 2024 . money.cnn.com . CNN.
  3. News: Werdigier . Julia . Burnett . Victoria . Imperial Tobacco to Acquire Altadis for $17 Billion . 17 October 2024 . 2007-07-19.
  4. News: Buck . Tobias . Spain’s Tabacalera set to take the cigar in US amid Cuba detente . 17 October 2024 . www.ft.com . . 2015-06-16 . The company in question is Tabacalera, part of Imperial Tobacco, which owns a 50 per cent stake in Cuba’s official cigar export operation Corporación Habanos..

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