El Septimo Geneva has announced that is has acquired LV-Wholesale, a wholesale and distribution company in Las Vegas as part of its plan to build the largest distribution network of tobacco and tobacco-related accessory products in North America. As part of the acquisition, LV-Wholesale has been renamed to 7 Global Distribution in an effort to rebrand the distribution center under its seven locations throughout the U.S.
The company will continue to operate LV-Wholesale’s business, which it says stocks more than 2,000 products in the tobacco and tobacco accessory segments, and services more than 3,000 accounts in Nevada and across the United States. The 25,000-square-foot facility is located at 626 S. Bruce Street, which has direct visibility to McCarran International Airport and is minutes away from the Las Vegas Strip.
“This first acquisition already separates us from all of the other leading premium cigar manufacturers globally as it will allow us to strategically position our products for easy access to retailers at discounted rates,” said Zaya S. Younan, chairman and ceo of Younan Company, the parent of El Septimo Geneva, via a press release. “The second step will allow us to directly reach each and every single retailer and consumer throughout the country to sell El Septimo’s premium cigars to. What El Septimo has achieved over the last eight months has not been accomplished by any cigar manufacturer in the last twenty years.”
He went on to say that the company is planning to announce other acquisitions in other parts of the United States in the next six months.
A spokesperson for El Septimo told halfwheel that LV-Wholesale was established 25 years ago as one of the premier tobacco and tobacco accessories suppliers to all major retailers and wholesalers, and is the largest in the state of Nevada.
Images courtesy of 7 Global Distribution/El Septimo Geneva.