Imperial Brands acquires TJP Labs nicotine pouch product range for £65m

UK-based tobacco group Imperial Brands has acquired a range of nicotine pouch products from Canadian manufacturer TJP Labs for £65m (CAD108.8m).

Imperial said the move would facilitate its entry into the US modern oral nicotine market through its local subsidiary ITG Brands, which will relaunch the products under a new name in 2024.

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