Acquiring Company
Tabagest S.A
Acquired Company
BAT France
Cuba
ParisManufacturingHealth CareDescription
British American Tobacco has sold its 50% stake in Brascuba Cigarrillos S.A. to Tabagest S.A., marking its exit from Cuba after over 30 years. The transaction was confirmed in BAT's financial report for six months ending June 30. The estimated price for the acquisition is around $25 million, plus additional commercial credits. This move resulted in a net loss for BAT and reflects the impact of its withdrawal on regional business.
Fundz sees it the moment Tabagest S.A makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired BAT France?
BAT France was acquired by Tabagest S.A, based in Cuba. The deal was reported on October 4, 2026. Tabagest S.A. is a company based in Cuba, identified as an investor in Brascuba Cigarrillos S.A. It has been involved in the joint venture with British American Tobacco. Tabagest S.A is privately held.
When did Tabagest S.A acquire BAT France?
Tabagest S.A's acquisition of BAT France was reported on October 4, 2026. British American Tobacco has sold its 50% stake in Brascuba Cigarrillos S.A. to Tabagest S.A., marking its exit from Cuba after over 30 years. The transaction was confirmed in BAT's financial report for six months ending June 30. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does BAT France do?
BAT is a leading multi-category consumer goods company focused on building 'A Better Tomorrow' by reducing the health impact of its business. It is privately held, operating in Manufacturing, and is based in Paris.
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