The Service of the Commission for the Protection of Competition on the 17th of July 2009 received on behalf of the company Philip Morris International Inc notification of a proposed concentration according to Article 13 of the Control of Concentration between Enterprises Law (Number 22(I)/99), concerning an agreement by which its subsidiary company Latin American and Canada Investments B.V. will acquire 100% of Productora Tabacalera de Colombia Ltd share capital.
“Philip Morris International Inc” main activities concentrate in the production and sale of cigarettes all over the world, including Cyprus.
”Productora Tabacalera de Colombia Ltd” produces and distributes cigarettes mainly in Colombia and in other Latin American countries.
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