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Altadis is a Spanish-French [1] multinational purveyor and manufacturer of cigarettes, tobacco and cigars.It was formed via a 1999 merger between Tabacalera, the former Spanish tobacco monopoly and SEITA, the former French tobacco monopoly.
To maintain control over commercial tobacco production, the Spanish Crown designated specific zones for tobacco farming and established tobacco monopolies in larger countries. In 1717, the Spanish Crown established a monopoly over Cuban tobacco production, which made enormous profits from processing and selling the Cuban leaf.
The Compañía General de Tabacos de Filipinas, S.A. (General Tobacco Company of the Philippines, abbreviated CdF), [1] also known as the Compañía Española de Tabacos de Filipinas, [2] was a Spanish multinational joint-stock company, one of the world's most important enterprises in the late 19th and early 20th century, and the Philippines' first private tobacco company.
Tabacalera was a Spanish tobacco company incorporated on March 5, 1945. [1] In 1999, the company merged with SEITA of France to form Altadis [2] which was later purchased by Imperial Tobacco. [3] Its brands included Ducados and Fortuna. Tabacalera owned a 50% stake in Cuba's official cigar export operation Corporación Habanos. [4]
The Spanish encountered the tobacco plant almost immediately upon their first arrival in the Americas in 1492. [2] The city of Seville, home to the Casa de Contratación (The House of Trade), [3] [4] held a monopoly on commerce with the Americas.
The Spanish introduced tobacco to Europeans in about 1528, and by 1533, Diego Columbus mentioned a tobacco merchant of Lisbon in his will, showing how quickly the traffic had sprung up. The French, Spanish, and Portuguese initially referred to the plant as the "sacred herb" because of perceived valuable medicinal properties. [9]
Spain’s anti-trust watchdog fined tobacco companies a combined total of almost 58 million euros for non-competitive practices, the regulator said on Friday. Distributor Compania de Distribucion ...
The tobacco leaves were then brought to Manila and made into cigars and cigarettes in government-owned factories, later to be shipped out for export. Tobacco became a major commodity in the galleon trade. [8] The tobacco monopoly made the colony self-sustaining and profit-earning. [10] In 1808, the government realized a net profit of P500,000.00.