Tobacco manufacturers Philip Morris Limited and Imperial Tobacco are set to end their sales and distribution agreement for Philip Morris’ factory made cigarette (FMC) brands on October 18 this year.
The transition process will see Philip Morris assume responsibility for all activities in the independent and symbol trade channels for all its brands from the September 1, 2015 with the exception of any retailers that currently buy Phiip Morris products directly from Imperial, in which case they can continue to do so until the October deadline. These dates replace the original December 31, 2015 termination deadline to avoid the Christmas and New Year holiday period.
Melvin Ruigrok, Imperial Tobacco’s general manager UK amp; Ireland said “I am pleased we have agreed an earlier transition, as this will ensure our valued trade partners encounter minimal disruption from this process. ITL and PML will be working closely together to ensure a smooth handover process.”
Martin Inkster, Philip Morris managing director UK amp; Ireland added: “PML would like to thank Imperial Tobacco for their support and cooperation over the past 10+ years and their assistance during this transition period.”