UNIVERSAL COMPLETES ACQUISITION OF THE CASALEE GROUP S.A.
RICHMOND, Va., Feb. 12 /PRNewswire/ -- Universal Corporation (NYSE: UVV) is pleased to announce the completion of its acquisition of The Casalee Group S.A. for approximately $100 million. The Casalee Group, an international tobacco dealer and processor, has its principal operations in Brazil and several African countries as well as significant trading activities in the Far East and Eastern Europe. Casalee's projected sales for its March 31, 1993, fiscal year approximate $350 million. -0- 2/12/93 /CONTACT: O. Kemp Dozier of Universal Corporation, 804-359-9311/ (UVV)
CO: Universal Corporation; The Casalee Group S.A. ST: Virginia IN: TOB SU: TNM
DC-TW -- DC016 -- 6249 02/12/93 15:38 EST
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|Date:||Feb 12, 1993|
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