Philip Morris International - M&A Summary and Business Overview

Consumer ProductsCompany

Philip Morris International M&A Summary

Philip Morris International has acquired 8 companies, including 5 in the last 5 years. A total of 1 acquisition came from private equity firms.

Philip Morris International’s largest acquisition to date was in 2022, when it acquired Swedish Match AB for $2.7B. Philip Morris International has acquired in 2 different US states, and 5 countries. The Company’s most targeted sectors include consumer products (38%) and life science (38%).

Philip Morris International Business Overview

Where is Philip Morris International headquartered?

Philip Morris International is headquartered in Stamford, Connecticut.

What is Philip Morris International’s revenue?

Philip Morris International disclosed revenue of 35,174M USD for 2023 and 31,762M USD for 2022.

How many employees does Philip Morris International have?

Philip Morris International has 82,700 employees.

What sector is Philip Morris International in?

Philip Morris International is a consumer products company.

When was Philip Morris International founded?

Philip Morris International was founded in 1987.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity8
  • Total Sectors Invested 4
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 2
  • M&A Advisors 1

Philip Morris International

Philip Morris International, Inc.

677 Washington Boulevard, Suite 1100,
Stamford, Connecticut 06901
United States,
(203) 905-2410
www.pmi.com

Philip Morris International is a cigarette and tobacco company. Phillip Morris sells products in over 200 countries. Philip Morris International was founded in 1987 and is based in Stamford, Connecticut.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 3 - 3 1 - 1 8
vol $1.5B $2.1B $2.7B $6.3B
Sell (0.0/yr) # - - - - - - 0
  8

Most Recent M&A

Company Date Value Type
The Eastern Co. 2024-05-22 - Stake Purchase
Naugatuck, Connecticut · www.easterncompany.com
Swedish Match AB 2022-10-20 2.7B USD Add-on Acquisition
Stockholm, Sweden · www.swedishmatch.com
Otitopic, Inc. 2021-08-09 - Add-on Acquisition
Los Angeles, California · www.otitopic.com
Vectura Group plc 2021-07-09 1.3B GBP Add-on Acquisition
Chippenham, United Kingdom · www.vectura.com
Fertin Pharma A/S 2021-07-01 769M DKK Add-on Acquisition
Vejle, Denmark · www.fertin.com
Nicocigs Ltd. 2014-06-26 - Add-on Acquisition
Birmingham, United Kingdom · www.nicocigonline.co.uk
Rothmans, Inc. 2008-09-30 1.5B CAD Add-on Acquisition
Toronto, Ontario · www.rothmansinc.ca
Rocker Production AB 2006-10-04 - Add-on Acquisition
Stockholm, Sweden
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Consumer Products 3 (38%) 1.5B (24%) - -
Life Science 3 (38%) 2.1B (33%) - -
Machinery 1 (13%) - - -
Manufacturing 1 (13%) 2.7B (43%) - -
Total 8 $6.3B - -

By Geo

State/Country Buy Value Sell Value
Sweden 2 2.7B - -
United Kingdom 2 1.3B - -
United States 2 - - -
  Connecticut 1 - - -
  California 1 - - -
Canada 1 1.5B - -
  Ontario 1 1.5B - -
Denmark 1 769M - -
Domestic 2 (25%) - - -
Cross-border 6 (75%) 6.3B (100%) - -
Total 8 $6.3B - -

Top M&A Advisors

Financial Deals
Barclays Investment Bank
1

Deal Values

buy # Total
> $1B 3 $5.5B
$100M to $1B 1 $769M
TOTAL $6.3B
Largest Swedish Match AB
$2.7B (2022-10-20)

M&A Connections

Deals
Acquired from
Investor(s)
13%
1 (13%)
Strategic(s)
13%
1 (13%)

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