M&A Deal Summary

JT International SA Acquires Vector Group

On August 21, 2024, JT International SA acquired consumer products company Vector Group for 2.4B USD

Acquisition Highlights
  • This is JT International SA’s 2nd transaction in the Consumer Products sector.
  • This is JT International SA’s largest (disclosed) transaction.
  • This is JT International SA’s 1st transaction in the United States.
  • This is JT International SA’s 1st transaction in Florida.

M&A Deal Summary
Date 2024-08-21
Target Vector Group
Sector Consumer Products
Buyer(s) JT International SA
Deal Type Add-on Acquisition
Deal Value 2.4B USD
Advisor(s) Jefferies (Financial)
Sullivan & Cromwell (Legal)

Target

Vector Group

Miami, Florida, United States
Vector Group is a diversified holding company. Through its subsidiaries, the group manufactures and markets high quality cigarette products to adult smokers and also engages in real estate projects. Vector Group was founded in 1873 and is headquartered in Miami, Florida.

Search 199,712 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

JT International SA

Geneva, Switzerland
Category Company
Founded 1999
Sector Consumer Products
DESCRIPTION

JT International SA is a manufacturer and distributor of tobacco products.

DEAL STATS #
Overall 2 of 2
Sector (Consumer Products) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-31 Haggar Cigarette & Tobacco Factory

Sudan, Sudan

Haggar Cigarette & Tobacco Factory Ltd. is a manufacturer of cigarettes.

Buy -
Mergr

Product

Company

Legal