Altria Group, Inc. today announced that it has acquired the privately-held Sherman Group Holdings, LLC and its subsidiaries (Nat Sherman). Nat Sherman sells super-premium cigarettes and premium cigars, and joins Philip Morris USA Inc. and John Middleton Co. as part of Altria’s smokeable products segment. Terms of the transaction were not disclosed. “Nat Sherman has a terrific brand portfolio which complements Altria’s existing smokeable product segment,” said Marty Barrington, Altria’s Chairman, Chief Executive Officer and […]
