Imperial Brands PLC to acquire Black Buffalo

Imperial Brands PLC has agreed to acquire Black Buffalo in a strategic acquisition valued at 150 million USD. The consideration structure comprises a mix of cash and deferred payments. This transaction brings together a buyer based in the United Kingdom and a target operating within the United States. The deal falls under the Consumer and Retail sector and was officially announced on 27 May 2026.

The transaction has reached its final stage with a reported status of completed. While the specific date of completion remains unreported, the deal is now considered concluded. This acquisition represents a significant expansion for the buyer into the American market through the purchase of the target business. Regulatory approvals and other standard conditions were satisfied to allow the deal to close. The parties have successfully finalised the agreement to transfer ownership of the target company.