Tuesday, May 13, 2014

Swedish Match

Profile - Swedish Match has been engaged in the Philippines since 1927 in matches and other products. The lighter operation is the main business in the Philippines today and the plant currently supplies Cricket lighters to the Asian market, Russia and parts of Europe. Other lighter production units are located in Assen, Netherlands and in Manaus, Brazil. - Swedish Match develops, manufactures, markets, and sells quality products with market leading brands in the product areas Snus and snuff, Other tobacco products (cigars and chewing tobacco), and Lights (matches and lighters). - Snus: ground tobacco, salt and water. - Swedish snus is consumed in the mouth - smokeless tobacco product - Snuff: smokeless tobacco made from ground tobacco leaves. that is inhaled - Well known brands include General snus, Longhorn moist snuff, White Owl cigars, Red Man chewing tobacco, Fiat Lux matches, and Cricket lighters. - Swedish Match also owns 50 percent of SMPM International (a joint venture with Philip Morris International for snus outside of Scandinavia and the US). - In addition, Swedish Match holds a 49 percent ownership interest in Scandinavian Tobacco Group (STG). - The Group sells products across the globe, with production units in six countries. The largest markets are in Scandinavia, the US, and Brazil. - Sales by product area - Snus and Snuff: 39% - Lights: 11% - Other tobacco products: 20% - Other operations: 30%

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