BTI - British American Tobacco sells Belgian distribution business
BTI
BTI
BTI - British American Tobacco sells Belgian distribution business
British American Tobacco p.l.c.
Incorporated in England and Wales
(Registration number: 03407696)
Short name: BATS
Share code: BTI
ISIN number: GB0002875804
("British American Tobacco p.l.c." or "the Company")
British American Tobacco sells Belgian distribution business
British American Tobacco said today it has agreed to sell its Belgian
distribution business, Lyfra NV, to Landewyck Group S.a.r.l. The business had
gross assets of Euro39 million at 31 December 2009 and a turnover of Euro696
million in 2009.
The Luxembourg based Landewyck Group is mainly known for its cigarette and fine
cut tobacco products under the brands of Elyxir, Ducal, Austin and Maryland.
The transaction is expected to be completed later this year.
7 April 2010
Geoffrey Cunnington
Deputy Company Secretary
British American Tobacco p.l.c.
ENQUIRIES
British American Tobacco Press Office
David Betteridge / Kate Matrunola / Catherine Armstrong
+44 (0) 20 7845 2888
Investor Relations
Ralph Edmondson / Rachael Brierly
+44 (0) 20 7845 1180 / 1519
Sponsor: UBS South Africa (Pty) Ltd
Date: 07/04/2010 17:04:01 Produced by the JSE SENS Department.
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