Reynolds Buys a Brand of German Cigarette
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Associated Press
WINSTON-SALEM, N.C. — R.J. Reynolds Tobacco International Inc. has purchased the third-largest cigarette brand in the former East Germany.
The company signed an agreement with the former East German State Trust, Treuhandanstalt, to acquite Club. That brand has 15% of the local-brand segment in East Germany.
Club has been sold and marketed by RJR Tobacco International’s German subsidiary, R.J. Reynolds Tobacco GmbH, under a contractual agreement since March, 1990.
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