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: 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: STG Begins Search for New President of General Cigar
William Cooper Cigar News 1 Comment General, News, People, Scandinavian Tobacco Group, STG
General Cigar will be looking for a new President. Today Scandinavian Tobacco Group announced that Régis Broersma, President of General Cigar and Senior Vice President of Scandinavian Tobacco Group’s North America Branded Business Division has accepted a new role in Scandinavian Tobacco Group (STG) and will be relocating to Europe shortly to take over the […]
Cigar News: Thompson Cigar Tampa Operations Shutting Down
William Cooper Cigar News 1 Comment News, Scandinavian Tobacco Group, STG, Thompson CIgar
Last year, Scandinavian Tobacco Group (STG) acquired long-time online retailer Thompson Cigar. Now STG has begun the process of consolidating its retail operations and as a result, Thompson Cigar’s Tampa-based operations will shut down and result in a layoff of the supporting staff. STG is also the owner of Cigars International, the massive retail operation […]
Cigar News: STG Canada to Distribute Plasencia Cigars in Canada
William Cooper Cigar News No Comments News, Plasencia, STG
Plasencia Cigars is heading to Canada. Today the company announced it has entered into a partnership where Scandinavian Tobacco Group Canada (STG Canada) will handle sales, distribution, and marketing in Canada. The agreement went into effect on August 27th, 2018. “We’re very excited to build on our company’s success by going into this market with […]
Cigar News: Scandinavian Tobacco Group Acquires Thompson Cigar
William Cooper Cigar News 7 Comments News, Scandinavian Tobacco Group, STG, Thompson CIgar
Only hours after the cigar industry’s first major acquisition of 2018, comes news of the second. Today, following the announcement of Quality Importers acquiring XIKAR, Scandinavian Tobacco Group (STG) has announced it has entered into an agreement to acquire Thompson and Co, the catalog retail giant known as Thompson Cigar. The purchase price for Thompson is $62 […]