June 15, 2007 / 1:41 PM / 12 years ago

Swedish Match says buys Bogaert Cigars in Belgium

STOCKHOLM, June 15 (Reuters) - Swedish Match (SWMA.ST) said on Friday it had signed a deal to buy Belgian-based cigar and cigarillo maker Bogaert Cigars.

Swedish Match said in a statement that privately held Bogaert has annual sales of around 20 million euros ($26.63 million) and produces around 270 million cigars a year.

It said Bogaert’s primary markets are France, Germany, the Netherlands and Belgium. It has production in Belgium and Indonesia.

((Stockholm Newsroom, tel: +46-8-700 1017, e-mail: stockholm.newsroom@reuters.com))

($1=.7509 Euro) Keywords: SWEDISHMATCH BOGAERT/

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