Supplier Tidbits

The latest offer is valued at approximately $15.8 billion. Altria Group Inc. and Philip Morris International (PMI) agreed to end their U.S. IQOS pact. PMI will pay Altria approximately $2.7 billion in exchange for the exclusive U.S. commercialization rights, effective April 30, 2024.

Dover Fueling Solutions partnered with Bottomline to offer an end-to-end fuel management solution. The companies are providing one aggregated fuel management solution that can save retailers 5 percent to 10 percent in costs.

Philip Morris International increased its bid to acquire Swedish Match. The company made its final offer in midOctober and is hoping to close a deal in the fourth quarter of this year.

The Hershey Co.’s Reese’s brand kicked off a marketing campaign centered on college football. Reese’s entered into an exclusive NIL (name, image, likeness) contract by signing 12 college football athletes with the last name “Reese.”

JTM Foods LLC, the maker of JJ’s Handheld Snack Pies, is expanding its manufacturing to a new facility in Wichita, Kan. This expansion marks JTM Foods’ debut outside of Pennsylvania.

Old Trapper renewed its sponsorship deal with “The Jim Rome Show” on CBS Sports Radio for the fourth consecutive year. The partnership includes sponsored features and podcast integration.

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