With increasing success throughout 2021, the American multinational company Tobacco International Inc. is expanding into Latin America and the Caribbean Region. The company is entering several countries in this area, including Colombia, Mexico, Puerto Rico, Costa Rica, among others.
Lebanese CEO and Founder Atef Hazime acknowledges the importance of these markets, which are considered to be leading ones globally in the tobacco industry. In fact, Tobacco cultivation and production are highly significant in the Latin American region. Additionally, there is a smoking prevalence and consumption in these extensive areas, hence the importance of the tobacco business to the national economy. Through this step, Tobacco International Inc. can build large market shares there and increase its sales rates.
While the world is still recovering from the COVID-19 pandemic with its damaging impacts on the economy and its social costs worldwide, Tobacco International Inc. seeks to open new paths in the region, where it sees growth opportunities. “Countries in Latin America and the Caribbean are full of opportunities and resources. By entering these markets, we can highly contribute to the overall national economy and possibly pave the way for further investments, ultimately taking our business to a higher level”, says Hazime.
Through this expansion, the global brand Rebel is reinforcing its international presence and accelerating the progress of the company. Founder Atef Hazime ensures that all products of his premium brand meet the same world-class standards wherever they are distributed. Not only does this recent expansion reflect an advancement for the company, but it also reflects the progress in expanding the Lebanese Hazime Family Heritage across the globe.