Atlantic Tobacco absorbs Tabaco Mas Barato in tobacco merger

The company Atlantic Tobacco, S.L. has absorbed Tabaco Mas Barato, S.L., according to the merger agreement adopted by the general meetings of both companies on June 30, 2026. The announcement is made public in the Official Gazette of the Mercantile Registry (BORME) number 164, dated August 26, 2026, in the section for company mergers and acquisitions, and opens a one-month period for creditors with prior claims to oppose the operation.

The publication is carried out in accordance with Article 10 of Royal Decree-Law 5/2023, of June 28, on structural modifications of commercial companies, which regulates the publicity of merger agreements. The announcement was signed in Las Palmas de Gran Canaria on August 4, 2026, by the joint administrator of both companies, Mr. Oscar Saavedra Soler.

Characteristics of the operation

The merger is structured through the absorption of Tabaco Mas Barato, S.L. by Atlantic Tobacco, S.L., which thus becomes the absorbing company of the tobacco group. A relevant detail of the operation is that the shareholders of the two companies are the same and participate in identical proportions in both companies, which simplifies the asset integration process.

The announcement reminds that both the shareholders and the creditors of the merging companies have the right to obtain the full text of the adopted agreement and the merger balance sheets. This documentation allows interested parties to know in detail the conditions of the operation and its impact on their rights.

Opposition period for creditors

The publication establishes a protection mechanism for creditors whose claims arose before the date of publication of the merger project. These creditors, provided that their claims are not overdue or sufficiently guaranteed, have the right to oppose the merger.

• The opposition period is one month from the last publication of the merger agreement.
• The right is recognized for creditors with claims prior to the publication of the merger project.
• Claims that are already overdue or sufficiently guaranteed are excluded.

This right of opposition constitutes the main legal guarantee for suppliers and financial entities with prior relationships with either of the two companies, who may challenge the operation if they consider that their interests may be harmed by the integration.

Official data of the announcement

The announcement appears in the second section of the gazette, dedicated to announcements and legal notices, within the section for company mergers and acquisitions. The official reference of the document is BORME-C-2026-4809, with identifier A260036557-1, and appears on page 6006 of issue number 164 of the gazette.

The operation is part of a consolidation process within the tobacco distribution and trade sector, in which both companies share shareholders and activity. The absorption of Tabaco Mas Barato, S.L. by Atlantic Tobacco, S.L. entails the unification of the corporate structure under a single entity, which may simplify management and strengthen the resulting company’s position in the market.

For the suppliers, customers, and partners of both companies, this news is relevant because the merger implies the extinction of Tabaco Mas Barato, S.L. as an independent company and the subrogation of Atlantic Tobacco, S.L. into its rights and obligations. Those holding credits against the absorbed company must review their situation and, if applicable, exercise the right of opposition within the legal period of one month.

Source: Official Gazette of the Mercantile Registry (BORME), no. 164, August 26, 2026, Second Section (Company mergers and acquisitions), page 6006 (official reference: BORME-C-2026-4809).