HighEndSmoke

Consumer

  • Deal Value Range: £20m – £50m
  • Acquirer: British American Tobacco plc
  • Buyer Location: UK

Convex originated, led and structured a deal for British American Tobacco Group to acquire Quantus Beteiligungs- und Beratungsgesellschaft mbH, trading as HighEndSmoke.

HighEndSmoke is Germany’s leading vape retailer with 91 outlets with a portfolio of own brands including German Liquids and MIXD Flavours as well as a variety of international 3rd party liquids, flavours and hardware.

Germany is the World’s fourth largest market for vape products with a projected turnover of c.€400m in 2018 and c.1.7m e-cigarette users.

“I tell everyone that you cannot do a deal like this without Convex.”

Oli Kussin, Founder