Thursday, June 11, 2015 12:10:05 AM
Once this company finishes its audited 10K
Read this news:
MORRISVILLE, N.C., March 31, 2014 /PRNewswire/ -- Alliance One International, Inc. (NYSE: AOI) today announced that its Brazilian subsidiary Alliance One Brasil Exportadora de Tabacos ("AOB") and China Tabaco Internacional do Brasil ("CTIB"), the Brazilian subsidiary of China Tobacco, completed the formation of a new joint venture company, China Brasil Tobacos Exportadora SA ("CBT") in Brazil on March 26, 2014. CBT has operated as an independent subsidiary of AOB for the last two crops and currently contracts with 9,500 integrated growers. The joint venture's administrative, buying and processing functions operate in Alliance One´s facilities in Venancio Aires. The joint venture is owned 51% by CTIB and 49% by AOB.
Pieter Sikkel, Alliance One's Chief Executive Officer and President, commented, "We are honored that China Tobacco selected Alliance One for its first international joint venture in the tobacco leaf supply segment. China Tobacco is a highly valued partner, and we are pleased with our combined efforts to grow CBT over the last two crops and see a very bright future. China's cigarette market is the largest in the world, and our joint venture has been established to provide high quality, sustainably grown Brazilian tobacco to its cigarette manufacturing groups. Our partnership aligns Alliance One's strategy of profitable growth with meeting customers' unique individual requirements through our sustainable model."
Alliance One International is a leading independent leaf tobacco merchant serving the world's cigarette manufacturers. For more information on Alliance One, visit the Company's website at www.aointl.com.
SOURCE Alliance One International, Inc.
Recent SANP News
- Form 10-12G - Registration of securities [Section 12(g)] • Edgar (US Regulatory) • 02/01/2024 09:55:44 PM
- Form RW - Registration Withdrawal Request • Edgar (US Regulatory) • 01/31/2024 10:11:21 PM
- Form 10-12G/A - Registration of securities [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 01/19/2024 09:46:51 PM
- Form 10-12G/A - Registration of securities [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 01/11/2024 09:59:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/14/2023 05:27:38 PM
- Form 10-12G - Registration of securities [Section 12(g)] • Edgar (US Regulatory) • 12/05/2023 06:30:59 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/12/2023 03:39:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/06/2023 05:03:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/04/2023 02:24:15 PM
- Strategic Joint Venture Signed by Santo Mining Corp. and Planta Vida S.A.S. • InvestorsHub NewsWire • 10/03/2023 07:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/12/2023 04:46:55 PM
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks • POET • Mar 27, 2024 10:52 AM
Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM