# Who does Philip Morris International Inc. pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/philip-morris-international · Facet: suppliers · Updated: 2026-09-11T14:42:30.39192+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Philip Morris International Inc.'s confirmed suppliers/cost counterparties include KT&G Corporation, Altria Group, Inc. plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 3 cost edges, backed by 5 dated sources, 3 of them primary filings (as of 2026-09-11).

### KT&G (high)  → /kt-g.md
- metric: Count 16,000,000,000 sticks · 2023-2025 · Minimum guaranteed volume for the first three years of the long-term supply agreement
- note: Philip Morris International receives KT&G's lil devices and consumables for exclusive commercialization worldwide outside South Korea. The first three years of the 15-year agreement guaranteed a minimum volume of 16 billion sticks.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-06) https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/pm-20251231.htm: "exclusive, worldwide basis"
- [confirms] Maeil Business TV (KO, news, published 2023-01-30) https://stock.mk.co.kr/news/view/22667: "KT&G was guaranteed sales of at least 16 billion sticks through 2025."

### Swedish Match (high)
- metric: Contract value $16B · 2022 · Announced Swedish Match tender-offer value using the exchange rate on May 11, 2022
- note: Philip Morris International acquired Swedish Match in 2022, adding ZYN and the oral nicotine business. The announced tender offer was valued at approximately $16 billion and the acquisition was subsequently completed.
- [confirms] The Henry Fund, Henry B. Tippie College of Business, University of Iowa (EN, research, published 2025-11-03) https://henryfund.tippie.uiowa.edu/sites/henryfund.tippie.uiowa.edu/files/2025-11/f25_PM.pdf: "acquired through the 2022 purchase of Swedish Match for $16 billion"
- [confirms] SEC EDGAR (EN, filing, published 2022-10-27) https://www.sec.gov/Archives/edgar/data/1413329/000141332922000114/pm-20220930.htm: "The total value ... approximately $16.0 billion"

### 알트리아 (high)  → /altria.md
- metric: Amount $2.8B · 2022-2024 · Total cash consideration including interest to reacquire U.S. IQOS commercialization rights
- note: Philip Morris International ended its prior U.S. IQOS commercialization arrangement with Altria and reacquired the rights. It paid total cash consideration of $2.8 billion including interest for those rights.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-06) https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/pm-20251231.htm: "total cash consideration of $2.8 billion"

### 알트리아 (high)  → /altria.md
- metric: Contract value $2.7B · 2022-2024 IQOS rights transaction · Pre-tax consideration for assigning exclusive U.S. IQOS commercialization rights
- note: Philip Morris International reacquired the exclusive U.S. IQOS commercialization rights from Altria for pre-tax consideration of $2.7 billion; Altria recognized the gain in FY2024.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-25) https://www.sec.gov/Archives/edgar/data/764180/000076418026000017/mo-20251231.htm: "recorded a pre-tax gain of $2.7 billion"
- [confirms] Daishin Securities Research Center (KO, research, published 2023-04-11) https://www.paxnet.co.kr/WWW/data/researchCenter/attach/20230411105653970.pdf: "PMI paid Altria $2.7 billion for the U.S. IQOS commercialization rights."

### Universal Corporation (high)
- metric: Amount $480M · Universal FY2025 · Universal revenue from Philip Morris International and affiliates, representing PMI's purchases from the supplier
- note: Universal is a major supplier of leaf tobacco and agricultural inputs to Philip Morris International. Universal reported approximately $480 million of FY2025 revenue from Philip Morris International and its affiliates.
- [confirms] SEC EDGAR (EN, filing, published 2025-05-30) https://www.sec.gov/Archives/edgar/data/102037/000010203725000039/a2025_universalcorporation.pdf: "revenue from Philip Morris International, Inc. accounted for approximately $480 million"

Reverse side: https://valuechain.wiki/philip-morris-international/customers.md · Ripple: https://valuechain.wiki/philip-morris-international/ripple.md

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