MERIDIAN
M&AConsumerSIGNED

JTI Accelerates Heated Tobacco Business

Photo via Pexels
Value
€4.5Bn
Acquirer
JTI
Target
Heated Tobacco Business

Japanese tobacco company JTI, owner of Camel and Winston, is accelerating its transformation in heated tobacco products. The company plans to invest €4.5 billion in this segment by 2028, anticipating significant market presence within 10 years.

Read the original at Expansion →2026-10-10Europe
The Meridian Weekly

The week's largest deals and the Iberian ones, every Monday. Free.

MORE DEALS ON MERIDIAN ->