Altria Group, Inc. announced that it has entered into definitive agreements with the shareholders of Burger Söhne Holding AG (the "Burger Group"), based in Switzerland, to acquire 80% ownership of certain companies of the Burger Group that will commercialize on! products worldwide. on! is a nicotine pouch product in the oral tobacco-derived nicotine (TDN) category. For more information, read the full Altria release.
The Convenience Distribution Association (CDA) is the trade organization working on behalf of convenience products distributors in the United States. Its distributor members represent more than $92 billion in U.S convenience product sales, serving a wide variety of small retail formats. Associate members include leading convenience product manufacturers, brokers, retailers, suppliers and others allied to the industry.