Darwen-based Vampire Vape has acquired Total Vapour, the largest e-cigarette distributor in Ireland, in a multi-million-pound deal.
The expansion strengthens Vampire's global operation, which includes trading in more 80 countries globally via a network of franchises, distributors and resellers.
Vampire announced that Total Vapour’s operating model will remain unchanged, with management evaluating where it can 'share efficiencies' in the future.
Phil Boyle, director at Vampire Vape, said: “Total Vapour are specialists in e-cigarette hardware, so it was a natural fit for us to purchase the company to continue to develop our growth strategy. This acquisition helps to strengthen and secure our distribution platform in a key market, whilst also bringing on board expertise on hardware which historically only represented a small share of our product offering.
"The acquisition is also a huge leap forward for us in building a one-stop solution for our customers, be that a broader product offering, additional expertise, and the capacity to fulfil a greater number of our customer’s needs.”
- For further Lancashire business news, advice and analysis subscribe to Lancashire Business View or join the LBV Hub from just £2.50 per month. Click here to subscribe now.
Enjoyed this? Read more from Tim Aldred