Monday December 9, 2019

Imperial Tobacco moves €400m into newly-formed Irish subsidiary

Deal values each share in transaction at €1,000 but does not invlove transfer of any IP

6th January, 2019
The company produce Rizla, the global best-selling cigarette paper brand

Imperial Tobacco, the multibillion-pound British cigarette maker, has injected €400 million into a new Irish subsidiary as part of a new strategy to separate the functions of its Irish operations.

According to filings submitted to the companies office last week, 400,000 shares in a new company, Imperial Tobacco Intellectual Property Limited, were allotted to a Dutch entity, Van Nelle Tobacco International Holdings.

Van Nelle Tobacco International is a wholly owned subsidiary of Imperial Brands, the parent...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Patient advocates are unhappy with the latest report on the national cervical screening programme and want further reviews, but some medical experts say resources would be better used elsewhere

Susan Mitchell | 1 day ago

Britain’s so-called ‘election of a generation’ is as muddled and confused as the Brexit debate that preceded it. On the ground in a number of constituencies, it proves difficult to take the temperature of this strangest of political contests

Susan O'Keeffe | 1 day ago

Undisclosed pay deals, secret pensions and underpayment of tax are just some of the problems left by John Delaney, as last week’s press conference revealed that the FAI has a long road ahead of it

Róisín Burke | 1 day ago