British American Tobacco buys UK based e-cigarette technology company
19 December 2012
British American Tobacco announced today that it has acquired CN Creative Limited, a UK based start-up company who specialises in the development of e-cigarette technologies intended to offer smokers a less risky alternative to cigarettes.
The company, which has its own research and development facilities, currently has several e-cigarette products on the market as well as new, innovative e-cigarette technologies in the development pipeline.
Kingsley Wheaton, Director of Corporate and Regulatory Affairs at British American Tobacco, said:
"Our core business is, and will remain in, tobacco but we've always made it clear that our goal is to provide those adult smokers who are seeking safer alternatives to cigarettes with a range of reduced-risk products that will meet their varying needs.
"And we believe the innovative e-cigarette technologies that CN Creative has been developing over the past few years will help us move closer to achieving this goal."
The acquisition of CN Creative is a natural extension of British American Tobacco's approach to tobacco harm reduction that has been evolving over a number of years.
British American Tobacco Press Office
Will Hill / Jem Maidment
+44 (0) 20 7845 2888 (24 hours) | @BATPress
Rachel Brierley +44 (0) 20 7845 1519