JTI has announced that it has completed the acquisition of the Natural American Spirit business outside the United States.
The acquisition was announced in the company’s September 29, 2015 statement.
The Company is expecting Natural American Spirit’s international presence in the premium priced category, will further extend its brand portfolio outside the United States.
Daniel Torras, JTI UK Managing Director said: “We will work closely with Natural American Spirit in the UK to build a business plan which will enhance Natural American Spirit’s already strong growth. Our decision to purchase Natural American Spirit underpins our commitment to continue growing our business faster than our competitors.”
