Swedish Match Acquires Bogaert

Swedish Match has agreed to purchase for an undisclosed sum Bogaert Cigars, a privately held Belgium-based cigar company. Bogaert's portfolio consists of machine made cigars and cigarillos of the Bogart and Hollandia brands. Its main markets are France, Germany, Netherlands and Belgium. Manufacturing 270 million cigars per year, Bogaert has a turnover of approximately €20 million ($26.9 million). Enditem