In respect of the Tobacco Business, KMM is a signatory to the Master Settlement Agreement (MSA) and in accordance contributes to the escrow fund established under this Act. KMM is 100% compliant with the Federal and State regulatory framework that governs the industry, and their brands are certified in each of the 50 states.
KMM devotes substantial resources to ensuring that every cigarette pack sold in USA provides customers with the quality product they demand, which is accomplished through high-grade tobaccos and ingredients, superior blending skills and advanced manufacturing technology.
Their brands are backed by a 100% guarantee, and supported by a full range of free FDA compliant POS and merchandising materials.
The consumer products division of U.S. Tobacco Cooperative Inc. (USTC), Premier Manufacturing of Chesterfield, MO, has reached an agreement to purchase 100% of the stock of King Maker Marketing, Inc. (KMM) of Paramus, NJ from its parent company ITC Limited.
“We are extremely pleased with this acquisition of King Maker Marketing and adding ownership of four MSA Signatory brands to our consumer products portfolio. Each of the brands has a solid sales history and consumer following,” said USTC Chief Executive Officer Stuart Thompson.
“The addition of these nationally recognized brands to our portfolio allows us to increase market share in our category and expand distribution due to our larger sales and marketing organization,” said USTC Vice President of Consumer Products Russ Mancuso.
Completion date of the transaction is set for November.