Mombacho Cigars SA has announced it has partnered with PasionPuro GmbH & Co. KG to open a warehouse in Düsseldorf, Germany. The warehouse will allow Mombacho to service its European market.
“In the last two years we saw a tremendous growth in Europe and now, with the support of PasionPuro’s team, we have a bonded warehouse in Germany to better serve our European partners in their respective markets. We’ll be able to ship cigars to the countries where we already have a presence and the new ones opening soon, faster and with a lower cost of shipment”, said Claudio Sgroi, President and Master Blender of Mombacho Cigars in a press release.
PasionPuro is an importer based in Düsseldorf, Germany that also services the European market.
“We strongly believe that boutique manufacturers with high market potential are getting faster and more efficient distribution within the European Union (EU) by using a warehouse in the union territory. Sure there is still paperwork to do, but comparing to an import from Nicaragua, it is much faster and cost effective to get Mombacho within the EU. The European market is fragmented into 28 different countries, each with their own laws and regulations, besides the EU Big 5 (UK, Germany, France, Spain, Italy); there are 23 smaller markets. To be able now to ship from one EU-warehouse to another EU-warehouse easily, makes it more attractive for smaller distributors to take Mombacho into their market”, said Tuan Hung Ma, owner, and CEO of PasionPuro.
Mombacho says the new warehouse will receive its first shipment before the end of the month. Mombacho Cigars are already distributed in Norway, the Netherlands, Sweden, Denmark, Germany, Switzerland, and Italy. The company plans to open in Spain, Belgium, and Luxembourg before the end of 2019.