Royal Agio Cigars USA has increased prices across its entire portfolio—with the exception of Panther little cigars—by 2 percent. Panther has not increased in price.
The company is an extension of the Agio brand, which is a large player in the European machine-made cigar market. It has a variety of premium cigar lines under the Balmoral name, most of which are produced at its factory in the Dominican Republic.
Earlier this month, Royal Agio Cigars was purchased by Scandinavian Tobacco Group (STG) for €210 million ($234.59 million). Currently, the two companies are still operating independently, though STG has made it clear it is working on an integration plan.
The new pricing went into effect Jan. 1, 2020.
Update: The original version of this story said that Panter was not increasing. Panther is not increasing, Panter is.
|Company||Price Increase in 2020?|
|Barrel Aged by Karl Malone||No|
|Black Label Trading Co.||No|
|Dapper Cigar Co.||No|
|Davidoff of Geneva USA||Yes|
|Miami Cigar & Co.||No|
|Nat Sherman International||No|
|Oscar Valladares Tobacco & Co.||No|
|RoMa Craft Tobac||No|
|Royal Agio Cigars||Yes|
|Tabacalera El Artista||No|
|Ventura Cigar Co.||No|