May 21, 2015
May 21, 2015
Stanton A. Glantz, PhD
Stanton A. Glantz, PhD
Another independent ecig company taken over by Big Tobacco: JTI buys Logic
Japan Tobacco Plans to Acquire Logic Technology – April 30, 2015
http://www.reuters.com/article/2015/04/30/us-japan-tobacco-m-a-logic-idUSKBN0NL0GV20150430
Japan Tobacco Acquires Logic Technology – April 30, 2015
http://www.prnewswire.com/news-releases/jt-acquires-logic-the-leading-independent-us-e-cigarette-company-501787281.html
Comments
bringing Big Tobacco to over 80% market share at c-stores
Audited Nielsen data:
http://www.nielsen.com/us/en/solutions/measurement/retail-measurement.html" title="http://www.nielsen.com/us/en/solutions/measurement/retail-measurement.ht...
reported here for sales of e-cigs at convenience stores:
http://www.cspnet.com/category-news/tobacco/articles/electronic-cigarett... title="http://www.cspnet.com/category-news/tobacco/articles/electronic-cigarett......
Based on that data, JTI's acquisition of Logic brings Big Tobacco to over 80% market share:
dollar sales unit sales
RJ Reynolds 34.6% 45.2%
Lorillard 19.2% 15.2%
Philip Morris 11.6% 13.5%
Japan Tobacco 16.2% 9.0%
---------------------------------------------
totals: 81.6% 82.9%
Jon Krueger
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