Imperial Acquires Owner of Helwit Nicotine Pouches

Fecha de publicación: --
Fuente: Tobacco Reporter
Lugar: Business & Finance
Imperial Brands announced the acquisition of Swedish modern oral nicotine company Yoik Group AB, owner of the Helwit nicotine pouch brand, for an initial SEK 515 million (£39.8 million), plus a performance-based deferred payment over two years. Helwit has a 3.4% share of Sweden’s modern oral nicotine market and is sold online across Europe and in select U.K. retailers.



The acquisition more than doubles Imperial’s existing modern oral market share in Sweden, where the company operates through Skruf AB. Yoik’s founders and employees will join Imperial, while the Helwit brand will remain focused on its flavor-led portfolio and Swedish heritage. The deal is part of Imperial’s strategy to expand its next-generation product portfolio through bolt-on acquisitions.The post Imperial Acquires Owner of Helwit Nicotine Pouches first appeared on Tobacco Reporter.