Financial Times FT.com

Imperial Tobacco seals Logista move

By Jeremy Lemer

Published: January 26 2008 02:00 | Last updated: January 26 2008 02:00

Imperial Tobacco, owner of the Lambert & Butler, Davidoff and JPS cigarette brands, intends to buy the remaining shares it does not own in Logista, a Spanish logistics company, for about €910m (£675m).

Imperial acquired 59.62 per cent of the Spanish company when it bought Altadis, the Spanish maker of Gauloises and Gitanes cigarettes, a deal that was completed yesterday.

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