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Standard Diversified Inc. (“Standard Diversified” or the “Company”) (NYSE American:SDI) appear that its majority-owned subsidiary, Turning Points Brands, Inc. (NYSE: TPB), an industry arch provider of NewGen Articles and Added Tobacco Products, has acquired International Breath Group, Inc. (“IVG”), a agent of a ample arrangement of proprietary and third-party breath articles absolute to developed consumers via a best-in-class online belvedere and in retail food beneath cast names, such as VaporFi, South Beach Smoke, and DirectVapor. The aggregation was founded in 2012 and is headquartered in Miami Lakes, Florida.

TPB ethics the accretion of IVG at $24 actor and expects the transaction to be anon accretive. According to TPB, for the twelve-month aeon concluded June 30, 2018, IVG had acquirement of about $47.7 million.

TPB President and Chief Executive Officer, Larry Wexler, commented, “IVG has played an important role in abstraction the vaping industry back its birth through its charge to the customer acquaintance with a apple chic B2C infrastructure.”

About Standard Diversified Inc.

Standard Diversified Inc. is a captivation aggregation that owns and operates subsidiaries in a array of industries, including added tobacco products, allowance and alfresco advertising. For added advice about the Company, amuse appointment the

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