In 2020, the Diesel Cigar brand would introduce a new regular production offering known as the Diesel Estelí Puro. Diesel is a brand that has a long history with Scandinavian Tobacco Group (STG). It’s a brand that STG has partnered with AJ Fernandez on for many years. In 2017 STG moved the brand into the […]
Cigar News: El Rey Del Mundo Moves to Forged Cigar Company
William Cooper Cigar News No Comments 2021 Preview, El Rey Del Mundo, Forged Cigar Company, General, News, Scandinavian Tobacco Group, STG
Forged Cigar Company, the recently launched subsidiary under Scandinavian Cigar Group has announced it will be selling cigars from the El Rey del Mundo brand to its brick and mortar customers beginning in February. Previously, El Rey del Mundo was sold through JR Cigar and distributed through Santa Clara Cigars. El Rey del Mundo is […]
Cigar News: Scandinavian Tobacco Group Splits General Cigar Portfolio and Launches Forged Cigar Company
William Cooper Cigar News 1 Comment Forged Cigar Company, General, Scandinavian Tobacco Group, STG
Scandinavian Tobacco Group (STG) has announced it is dividing its portfolio of premium cigar brands. Several brands will be moving into a new subsidiary known as Forged Cigar Company while other brands will remain under the existing General Cigar Company umbrella. STG says the move is being made to position support for its brick and […]
Cigar News: Hector Vanegas, STG Manufacturing Manager Passes Away
William Cooper Cigar News No Comments General, News, People, Scandinavian Tobacco Group, STG
Scandinavian Tobacco Group (STG) has announced that Hector Vanegas, who served as the manufacturing manager of STG Estelí factory, has passed away at the age 50 after a brief illness. Vanegas was described as a humble and well-respected man in the premium cigar industry. Vanegas first joined STG on November 1, 2005, as the plant […]
Cigar News: STG Announces Consolidation of Operations
William Cooper Cigar News No Comments General, News, Royal Agio Cigars, Scandinavian Tobacco Group, STG
Earlier this week Scandinavian Tobacco Group (STG) announced the re-organization of its business into three business units, and plans to close three non-premium production facilities. Concurrently STG announced the completion of integrating Royal Agio Cigars into its business. The three business units of STG’s organizational structure include: North America Branded & RoW (Rest of World): […]
Cigar News: Régis Broersma to Remain as President of General Cigar Company
William Cooper Cigar News No Comments General, News, People, Scandinavian Tobacco Group, STG
Last year it was announced that Régis Broersma would be accepting a new role in Scandinavian Tobacco Group (STG) and would be stepping aside as President of General Cigar. At the time of the announcement, it was stated that Broersma would continue in the role as President of General Cigar until a successor was found. […]
Cigar News: Royal Agio Cigars Acquisition Completed by Scandinavian Tobacco Group
William Cooper Cigar News No Comments News, Royal Agio Cigars, Scandinavian Tobacco Group
Royal Agio Cigars is now a part of Scandinavian Tobacco Group (STG). Today STG has announced it has completed its acquisition of Royal Agio Cigars. On September 16, Scandinavian Tobacco Group announced its intent to acquire Royal Agio Cigars. The transaction was pending regulatory approvals which have now been completed. While many in the U.S. […]
Cigar News: STG Announces Sarah Santos as Successor to Craig Reynolds as Head of Cigars International
William Cooper Cigar News No Comments Cigars International, News, People, Scandinavian Tobacco Group, STG
Scandinavian Tobacco Group (STG) has announced that Sarah Santos will succeed the retiring Craig Reynolds as the head of North American Online and Retail Division (NAO&R), the group that includes online retail giant Cigars International. Santos’ title will be President of NAO&R and Senior Vice President of STG. Santos will assume her role […]
Feature Story: Analysis of STG’s Pending Acquisition of Royal Agio Cigars
William Cooper Feature Story No Comments Feature Story, Royal Agio Cigars, Scandinavian Tobacco Group, STG
On September 16, 2019, there came shocking news to many in the cigar industry that Royal Agio Cigars was being acquired by tobacco giant Scandinavian Tobacco Group (STG). As we typically do on Cigar Coop, we will here offer analysis on what this news could mean for both parties as well as cigar enthusiasts. Why […]
Cigar News: Scandinavian Tobacco Group to Acquire Royal Agio Cigars
William Cooper Cigar News No Comments News, Royal Agio Cigars, Scandinavian Tobacco Group
Scandinavian Tobacco Group has announced its intent to acquire all of the shares of Agio Beheer B.V. from Highlands Beheer B.V. Agio Beheer B.V. is the holding company of the Royal Agio Cigars. The deal is expected to complete in the first half of 2020 and is subject to regulatory approval. On a debt and […]