El Septimo Acquired by Younan Collection

El Septimo, a French brand of cigars made in Costa Rica, has been acquired by Younan Collection, a holding company best known for its real estate offerings.

Gilles Botquin, a French cigar distributor, started the El Septimo brand in 2005. It has been made in Costa Rica at the Pure Aroma Cigars S.A. factory, which is best known for being the former factory for the D’Crossier brand. The brand has largely been absent from the U.S. market, something the new owners hope to change.

“Today El Septimo offers a collection of 30 brands of cigars that provide wide range of variety and experience to its clientele,” said Zaya Younan, chairman and ceo of Younan Collection, in a press release. “In the past, the El Septimo cigars have been marketed to a selective European audience. We plan on rolling out El Septimo to the U.S. markets later this year.”

Younan is best known for his real estate offerings. At one point he was declared the largest owner of office space in Dallas by the Dallas Morning News, though his recent dealings show a focus on luxury European properties.

It’s unclear whether Younan plans an adjustment in price, as El Septimo’s offerings have typically retailed for over $40 per cigar.