Smoker Friendly, the largest retail tobacco store operator in the country announced today that it has completed the acquisition of Tobacco Depot and its 13 stores based in and around Tampa, Florida. Smoker Friendly will continue to operate the stores under the Tobacco Depot flag but will begin co-branding the stores “Smoker Friendly” in the near future and will introduce the Smoker Friendly brand family of products in the stores. Smoker Friendly is committed to operating Tobacco Depot with the same dedication to customer service and product selection as previously provided, maintaining the excellent team of Tobacco Depot employees.
“These stores are an excellent ‘bolt-on’ to our existing company stores in the mountain states and provide a complimentary product mix to the categories we currently sell in our stores. We are very excited about bringing the great premium cigar business that is established in these stores into our portfolio. Fred Hoyland and his team did a great job building the company and operating tobacco stores in this market and we are proud Fred looked to Smoker Friendly as an acquirer when he was ready to exit the business”, commented Terry Gallagher Jr., President of TCSC/Smoker Friendly.
Smoker Friendly hopes that this acquisition will enable it to expand its footprint into the Florida retail tobacco market.