Since 2004, PASE is part of the companies that compose Venerable Capital group. Since 2007 it becomes one of the leading companies in the Canary tobacco and alcohol market. It has a storage capacity of 4,000 m2 and a cigarette factory with a production capacity of 60 million units per year.
PASE has become the largest importer of cigarettes of the Canary Islands with presence in the seven islands of the archipelago through the distribution and commercialisation activities.
A great part of PASE’s business is the exportation of all sort of goods to other countries, through the group subsidiaries in the African continent through importation and distribution points in other countries.