Press Releases from German Tobacco Group AG (1 total)
German Tobacco welcomes Private Equity
Thomas Schumann, Co-Founder and Chairman of German Tobacco Group, Frankfurt/Germany is inviting private equity firms to support his start-up's turnaround and aggressive growth plans.
German Tobacco Group AG founded 2006 by two German entrepreneurs and one business angel overcame the high barriers of entry into the closely-knit tobacco industry in 2007 with only 1,5MioEUR in seed-financing.
Successfully completing its "Proof of Concept" by introducing the value cigarette brand "S.A.L.E." in Germany and…
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