Snus flavored with spirits is a tradition going back hundreds of years to the beginnings of snus itself. Farmers in Sweden who made the first snuses for their own use often went beyond the basic tobacco, water, and salt recipe. It comes as no surprise that wine and spirits were among the different ingredients added to home-made snus.
Mass-marketed Swedish snus flavored with alcoholic beverages have come a long way since Probe Whiskey Portion Snus was launched in 1994. While Probe has been delisted this year, 2016 will bring forth new snuses flavored with whisky, rum, and bourbon....
On the morning of July 2nd 2009 (GMT 1), both Swedish Match AB (SMAB) and Philip Morris International (PMI) had issued press releases confirming that SMAB had agreed to sell their South African operations in the form of Swedish Match South Africa (Proprietary) Limited (SMSA) to Philip Morris International [NYSE/Euronext Paris: PMI] for a purchase price amounting to 1.75 billion ZAR (the South African Rand.)
According to Forex Rates on July 3, 2009 11pm GMT, this would translate into $226,390,500 USD, slightly more than "roughly $222MM most often quoted in the press. Regardless; in either Rand, Dollar, or Krona, not a small chunk of change.
In browsing follow up articles to the Press Release on both the wire services and in other media, I was disappointed to find they provided little more than rehashes of the SMAB and PMI press releases.
The all-important WHY would SMAB sell SMSA, WHY would PMI be interested in buying SMSA, and most importantly to me, HOW does this affect Swedish Snus.....they were never addressed or even speculated on in the canned wire reports. More lazy journalism.
I originally wrote this article on May 18th after the Tobacco Plus Expo in New Orleans. There just wasn't something right with it which kept me from publishing this article. I came back to it a few times but still didn't like it. Today, I realized what was bothering me, fixed it, and updated the article. So six weeks after version one, here it is for your reading pleasure!
According to sources which the SnusCENTRAL Intelligence Agency is blackmailing, SnusAB, the Swedish Snus Manufacturer which produces Grand Prix Snus for Liggett Vector, is bankrupt. This would certainly put a crimp in Grand Prix Snus distribution. Bad fortune for one can be good fortune for another, however. If SnusAB is folding completely or going through the Swedish equivalent of a Chapter 11 bankruptcy may be irrelevant to Liggett Vector. This could be their golden opportunity to revitalize the brand into something competitive.
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