Paul, Weiss advised Canada-based manufacturer TJP Labs in the sale of a range of nicotine pouches to tobacco company ITG Brands, a member of the Imperial Brands PLC group, enabling ITG’s future entrance into the oral nicotine market in the U.S. Financial terms of the deal were not disclosed.
The Paul, Weiss team was led by corporate partner Ted Ackerman and included corporate counsel Erika Detjen; intellectual property partner Claudine Meredith-Goujon; tax partner Scott Sontag; litigation partner Aidan Synnott; and antitrust counsel Marta Kelly.