December 17, 2007 - Reynolds American linked with Swisher.. There is a good chance that Reynolds American Inc (RAI) will try to buy the cigar manufacturer, Swisher International, according to Citigroup. The acquisition of Swisher, which is a private tobacco company and a market leader in machine-made cigars, would allow Reynolds to compete strongly in the cigar sector, where PM USA has recently acquired John Middleton, the maker of Black & Mild Cigars (see related news briefs: December 12, 2007 and November 2, 2007. Citigroup said that the Swisher acquisition would provide RAI with a quick market share grab along with substantial cost savings and synergies with Conwood and Lane. (Tobacco Reporter, 12/17/2007) More on Swisher International..
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