J. Cortès, the owner of Oliva Cigar Co., has purchased tobacco farms in Condega, Nicaragua.

There are multiple transactions. One of them included the purchasing of a new 132-hectare farm. Cortès also had a separate transaction with the Oliva family, which involved the purchasing of the family’s Condega growing operations. That deal includes the physical operations, some land as well as the rights to various leases. In total, that transaction totals 305 hectares, though some of it is leased land.

J. Cortès purchased Oliva from the family in 2016. It is in the process of a major renovation to the company’s cigar factories in Nicaragua.

Charlie Minato

I am an editor and co-founder of halfwheel.com/Rueda Media, LLC. I previously co-founded and published TheCigarFeed, one of the two predecessors of halfwheel. I handle the editing of our written content, the majority of the technical aspects of the site and work with the rest of our staff on content management, business development and more. I’ve lived in most corners of the country and now entering my second stint in Dallas, Texas. I enjoy boxing, headphones, the Le Mans 24-hour, wearing sweatshirts year-round and gyros. echte liebe.