Add-on Acquisition • Consumer Products

JT International SA Acquires Vector Group

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

Acquisition Context

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.

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M&A Deal Summary
Date	August 21, 2024
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 Company

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.

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Buyer Overview 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 Context for Buyer	#
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	-

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

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