Paraguay – consolidation

Recent rumors of consolidation now appear accurate with the recent news Tabesa has acquired cigarette manufacturers Veneto Tabacos and Monte Carlo.

All factories are located close to Ciudad del Este.

It remains to be seen if the factory operations will be consolidated too.

Tabesa is by far the largest cigarette producer in Paraguay with a large diverse export market. The business is owned by the recently elected President.

There are further rumors that Tabesa’s recent acquisistion frenzy is not over – so watch this space.

Will consolidation continue and where is this headed??

Who will be next?

Comments welcome.

1 comment so far ↓

#1 Carine on 12.02.15 at 4:11 PM

The best thing to do is to pay off your cards with the highest ineestrt first.Your other option (depending on your credit) is to transfer the balance to a credit card that has a low introductory rate.If your credit is good enough, you may be able to qualify for 0% for 1 yr.In the meantime, if possible, cut up your credit cards so you dont use them.Do not close them once they are paid off. Having that open line of credit looks good on your credit report.

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