M&A Deal Summary

JT Acquires Reynolds America - Natural American Spirit international businesses

On September 29, 2015, JT acquired consumer products company Reynolds America - Natural American Spirit international businesses from Reynolds American for 5.0B USD

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

M&A Deal Summary

Date 2015-09-29
Target Reynolds America - Natural American Spirit international businesses
Sector Consumer Products
Buyer(s) JT
Sellers(s) Reynolds American
Deal Type Divestiture
Deal Value 5.0B USD

Target

Reynolds America - Natural American Spirit international businesses

United States
Reynolds America - Natural American Spirit international businesses is a provider of tobacco products.

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Buyer(S) 1

Buyer

JT

Tokyo, Japan

Category Company
Founded 1898
Sector Consumer Products
Employees53,239
Revenue 2.84T JPY (2023)
DESCRIPTION

JT is an international tobacco company with operations in over 70 countries. JT was founded in 1898 and is based in Tokyo, Japan.


DEAL STATS #
Overall 2 of 2
Sector (Consumer Products) 2 of 2
Type (Divestiture) 1 of 1
Country (United States) 2 of 2
Year (2015) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-30 Logic Technology Development

Pompano Beach, Florida, United States

Logic sells a full range of high quality rechargeable, ready-to-use and disposable e-cigarettes, including the Logic Pro tank system.

Buy -

Seller(S) 1

SELLER

Reynolds American

Winston-Salem, North Carolina, United States

Category Company
Founded 2004
Sector Consumer Products
Employees5,600
Revenue 12.4B USD (2016)
DESCRIPTION
Entrance to Reynolds American's corporate headquarters in Winston-Salem, North Carolina.
Entrance to Reynolds American's corporate headquarters in Winston-Salem, North Carolina.

Reynolds American Inc is a holding company focused on tobacco products. Its principal subsidiaries include the second largest tobacco company in the United States, R. J. Reynolds Tobacco Company; the second largest smokeless tobacco products manufacturer in the United States, American Snuff Company, LLC, referred to as American Snuff Co.; the manufacturer of the leading super-premium cigarette brand, Santa Fe Natural Tobacco Company, Inc., referred to as SFNTC; R. J. Reynolds Vapor Company, referred to as RJR Vapor, a manufacturer and marketer of digital vapor cigarettes in the United States.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-15 Lorillard

Greensboro, North Carolina, United States

Lorillard, Inc., through its Lorillard Tobacco Company subsidiary, is the third largest manufacturer of cigarettes in the United States. Founded in 1760, Lorillard is the oldest continuously operating tobacco company in the United States. Newport, our flagship premium cigarette brand, is the top selling menthol and second largest selling cigarette brand overall in the United States based on gross units sold in 2011.

Buy $27.4B