In a statement on Imperial Brands website, the parent company of Altadis USA has announced they plan to sell their premium cigar business. According to the statement, “Imperial Brands PLC (“Imperial”) today confirms its intention to sell its worldwide premium cigar business (“Premium Cigars”) as part of its divestment programme. The programme supports Imperial’s ongoing simplification agenda and will release capital to pay down debt and, where appropriate, invest in its growth agenda. Premium Cigars […]
