(PR-inside.com) Swedish Match announces that Scandinavian Tobacco Group A/S (STG) has signed anagreement with Reynolds American, Inc. for the acquisition of Lane Limited(Lane). STG is 49 percent owned by Swedish Match AB.In its press release, released earlier today, STG stated that Lane is expectedto annually contribute an EBITDA of 45 MUSD, and sales volumes of 525 tons ofpipe tobacco, 980 tons of fine-cut tobacco, and 450 million little cigars. STGwill pay 205 MUSD in cash for Lane.STG also stated in its release that, "with the acquisition of Lane, STG reachesan estimated annual turnover of approximately 800 MEUR, and sales volumes ofmore ..
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