Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
KT&G acquires Another Snus Factory for NGP expansion
PRIVATEAug 06, 2026•3 days ago
Acquiring Company
KT&G Corp
Acquired Company
Another Snus Factory
South KoreaManufacturing
Description
KT&G Corp. has acquired Swedish nicotine pouch maker Another Snus Factory as part of its strategy to expand into the nicotine pouch market. This acquisition aims to strengthen KT&G's offerings in the next-generation products sector. KT&G continues to perform well, with increased net profits driven by strong tobacco sales. The company is optimistic about future growth after this strategic acquisition.
Company Information
Company
KT&G Corp
Location
South Korea
About
KT&G Corp. is the world's leading tobacco maker based in South Korea. The company is focused on global expansion of its major cigarette brand Esse and improving earnings in the face of falling global smoking rates and corporate governance issues.
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed
Frequently asked
Who acquired Another Snus Factory?
Another Snus Factory was acquired by KT&G Corp, based in South Korea. The deal was reported on August 6, 2026. KT&G Corp. is the world's leading tobacco maker based in South Korea. KT&G Corp is privately held.
When did KT&G Corp acquire Another Snus Factory?
KT&G Corp's acquisition of Another Snus Factory was reported on August 6, 2026. KT&G Corp. has acquired Swedish nicotine pouch maker Another Snus Factory as part of its strategy to expand into the nicotine pouch market. This acquisition aims to strengthen KT&G's offerings in the next-generation products sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Another Snus Factory do?
Another Snus Factory is a Swedish company specializing in nicotine pouch products. The company focuses on developing innovative products within the nicotine space. It is privately held, operating in Manufacturing.
South KoreaManufacturing