Premium Tobacco’s Development
Timeline
Ongoing changes to the competitive environment
- Full control of Tobacco Products International, a UAE cut rag business, was cemented.
- As a result of this, with the expansion and investment in valued added tobacco services and the biomass industry, the group was restructured to show this new diversified structure.
- The new holding company, The Premium Group, was established with three subsidiary operations:
- The Premium Tobacco Group
- Premium Tobacco Blends
- Viridium