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 […]
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): […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Regis Broersma has been named the new President of General Cigar Company. Broersma succeeds Dan Carr who has departed General Cigar and STG. In addition to Broersma’s appointment, Craig Reynolds, the President of Cigar International has been named Executive Vice President for its global handmade cigar business. The announcements were made via a press release by […]
