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![]() Manufacturing facility HQ in Kungälv, Sweden | |
Company type | Subsidiary |
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Industry | Tobacco |
Founded | 1915 |
Headquarters | Stockholm, Sweden |
Key people | Conny Karlsson (Chairman) Lars Dahlgren (President and CEO) |
Products | Snus, nicotine pouches, moist snuff, tobacco- and nicotine-free pouch products, chewing tobacco, chew bags, tobacco bits, cigars, matches, lighters, fire product |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | ![]() |
Parent | Philip Morris International |
Website | www |
Swedish Match AB is a Swedish multinational tobacco company headquartered in Stockholm. The company manufactures snus, nicotine pouches, moist snuff, tobacco- and nicotine-free pouch products, chewing tobacco, chew bags, tobacco bits, cigars, matches, lighters, and other fire products with operations in Sweden, Denmark, the United States, the Dominican Republic, Brazil, the Netherlands, and the Philippines.[1][2][3] The company's origins can be traced back to 1868, and Ivar Kreuger.[4] Swedish Match has played an important part in Sweden's industrial development.[5]
In May 2022, Philip Morris launched a takeover bid for Swedish Match. Despite some shareholder resistance, by late November 2022 Philip Morris had acquired over 90% ownership, allowing it to begin the compulsory purchase of remaining shares and de-list Swedish Match from the stock market.[6]
hilip Morris International’s $16 Billion Recommended Cash Offer for Swedish Match
was invoked but never defined (see the help page).Swedish Match strikes record high on Philip Morris $16 bln takeover move
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