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Philip Morris PM.N, which bought Zyn-parent Swedish Match in a $16 billion deal in 2022, ... USA TODAY. Full list of Grammy winners: Beyoncé, Taylor Swift, Charli XCX up for biggest awards.
Today, Zyn accounts for approximately 3 of every 4 purchases of oral smoke-free products, according to Tobacco Reporter, an industry publication. In a statement, a Philip Morris spokesperson ...
Philip Morris, the tobacco giant that bought Zyn maker Swedish Match, has leaned into smokeless products as people move away from cigarettes. Sales of Zyn have increased 300-fold since 2016.
Zyn (stylized in all caps as "ZYN") is a Swedish brand of nicotine pouches. Zyn pouches are designed to be placed between the gums and lip, allowing nicotine to be absorbed into the bloodstream through the soft tissue. They are available in several variants with different nicotine strengths and flavours.
Swedish Match AB is a Swedish multinational tobacco company headquartered in Stockholm.The company manufactures snus, nicotine pouches, moist snuff, tobacco- and nicotine-free pouch products, chewing tobacco, chew bags, tobacco bits, cigars, matches, lighters, and other fire products with operations in Sweden, Denmark, the United States, the Dominican Republic, Brazil, the Netherlands, and the ...
In 2022, Phillip Morris International bought Zyn-maker Swedish Match to help the company’s pivot to investing in more “smoke-free products. ... USA TODAY Sports.
Zyn, a Swedish brand, was acquired by Philip Morris in 2022, and in the first three months of this year, more than 131 million cans were sold, an 80% percent increase from the same time last year.
Ken Griffin's Citadel Advisors bought 1.79 million shares of Philip Morris in the quarter, bringing its grand total to 2.9 million shares, or $352.4 million worth of the stock.