BAT buys out Intellicig / CN CREATIVE

[Matt Gluggles]

BREAKING NEWS:





Tobacco Giant, British American Tobacco has bought out Intellicig and it's parent company CN Creative in a deal worth 10's on millions of pounds.

news.sky.com/story/1027436/british-american-tobacco-in-e-cigarettes-deal

Both CN Creative and BAT are preparing statements.

This follows from rumours that have been circulating in the business for some time now that Tobacco companies are poised to move in to the e-cig business.

The deal will see BAT pressing ahead and financing the 'Nicadex' product which will be seeking a market authorisation as a smoking cessation device.

As well as promoting the Intellicig range throughout existing distribution channels.

Companies like BAT have invested heavily over the years into developing distribution channels and will want to keep these after the tobacco display ban has forced them to cover up.

E-cig products will enable them to maintain a visible presence on the high street for their products.

[CAM-VIP]

Very interesting Gluggler - thanks for posting

[ChillerVapes]

Dec 19, 2012 10:46:34 GMT Matt Gluggles said:

The deal will see BAT pressing ahead and financing the 'Nicadex' product which will be seeking a market authorisation as a smoking cessation device.

I thought nobody would finance that!

[djs]

Among the Manchester-based company's products is Intellicig, which it claims is the world’s best e-cigarette, selling in 26 countries around the world, including in the UK.

Interesting. The world's BEST e-cig. (No confusion there then).

Congratulations to Intellicig.

I wonder why they didn't buy E-Lites. ???

- - -

The way I see it, it surely has to be good news.

I do believe that Intellicig offer an eGo type system too.

[Chrissie]

Wow how things have changed for MR. Newns from when he posted on the MSE e-cigarette thread, pretending to be just a happy clappy customer of his own company

[djs]

Dec 19, 2012 13:36:50 GMT Chrissie said:

.....when he posted on the MSE e-cigarette thread, pretending to be just a happy clappy customer of his own company

Did he do the fake spamy thing....?

[Chrissie]

Dec 19, 2012 13:39:56 GMT djs said:

Dec 19, 2012 13:36:50 GMT Chrissie said:

.....when he posted on the MSE e-cigarette thread, pretending to be just a happy clappy customer of his own company

Did he do the fake spamy thing....?

He did indeed. His actual post was removed but the quote @ post #21 is still there -

forums.moneysavingexpert.com/showthread.php?t=1243625&page=2

It was a tad daft of him to use his own name to post with

[ckc]

Can't say that news comes as any surprise,they've come a long way.Thanks for the heads up,guess the next step is making them NRT.

[Matt Gluggles]

Imperial Tobacco have also entered the e-cig market, with this story from a few weeks ago.

www.conveniencestore.co.uk/news/electronic-future-for-tobacco-giants/232834.article

[djs]

Dec 19, 2012 16:40:53 GMT Chrissie said:

He did indeed. His actual post was removed but the quote @ post #21 is still there -

forums.moneysavingexpert.com/showthread.php?t=1243625&page=2

It was a tad daft of him to use his own name to post with

That is a classic.

[lobeydosser]

I am not reading too much into these tobacco company buy outs.
Both Imperial Tobacco and BAT are big enough companies to be able to afford to hedge their bets and the fact that they are taking over e-cig interested companies doesn't necessarly mean that they are about to back the e-cig revolution.