On the 1st of June 2011, the Commission for the Protection of Competition received a notification of a proposed concentration by British American Tobacco International Holdings (UK) Limited in accordance with Article 13 of the Control of Concentrations between Enterprises Law (Number 22(I)/99). The transaction concerns the acquisition of Productora Tabacalera de Colombia SAS by British American Tobacco International Holdings (UK) Limited.
British American Tobacco International Holdings (UK) Limited is a company which is registered in accordance with the laws of the United Kingdom. The company operates in the supply of tobacco products. It is the the world’s second largest quoted tobacco group by global market share, with brands sold in more than 180 markets including the Cypriot market.
Productora Tabacalera de Colombia SAS, is a privately own company by members of three Colombian families. The company is active in the supply of tobacco products. Productora Tabacalera de Colombia SAS is not active in the Cypriot market.