Table 1.
Local tobacco companies in Nordic countries*
Company | Early period (1950s through 1980s)
|
Later period (1990s through 2010)
|
||
---|---|---|---|---|
Market share in 198114 | Relationship to multinationals | Market share around 20002 | Relationship to multinationals | |
Denmark | ||||
Scandinavian Tobacco Company (STC) | 97% | BAT became a minority shareholder in 1974 | 96% | Acquired by BAT in 2008 |
Finland | ||||
Amer Tobacco | 51% | Distributed PM brands (license) | 75% | Amer Group divested from tobacco business in 2004 to improve its image as a sporting goods manufacturer |
Rettig | 26% | Distributed RJR brands (license) | 10% | Acquired by RJR in 1995 |
Iceland | ||||
No local companies | ||||
Norway | ||||
Tiedemanns | 62% | Distributed BAT brands | 75% | Acquired by STC in 1998, which was acquired by BAT in 2008 |
Langaard | 26% | Distributed PM and RJR brands | 21% | |
Stenberg | 4% | Acquired by Imperial in 2006 | ||
A. Asbjørnsens Tobaksfabrik | Closed in 2005 | |||
Sweden | ||||
Swedish Tobacco Monopoly until 1961 | 88% | None | 75% | Cigarette operations acquired by Austria Tabak in 1999. Swedish Match specialised smokeless tobacco and cigars. |
Svenska Tobaks 1961–1992 | In 2001, Austria Tabak was sold to Gallaher which, in turn, was acquired by Japan Tobacco in 2007 | |||
Swedish Match |
In Sweden, PM operated through its subsidiary PM Sweden with a market share of 25% around 2000. In Finland, BAT operated through its subsidiary BAT Nordic with a market share of 15% around 2000. Altadis had a subsidiary in Finland, Seita Tupakka with a market share of 10% around 2000.
BAT, British American Tobacco; PM, Philip Morris; RJR, R.J. Reynolds; STC, Scandinavian Tobacco Company.