Scandinavian Tobacco Group

Scandinavian Tobacco Group Posts Strong Q1 2020 Numbers

Scandinavian Tobacco Group (STG)—the parent company of General Cigar Co., Cigars International, Thompson Cigar and others—generated DKK 1.791 billion ($263 million) in revenue for the...
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STG Discontinuing Agio’s Balmoral, San Pedro de Macorís in the U.S.

The Balmoral line of premium cigars will no longer be sold in the U.S. Scandinavian Tobacco Group (STG) is selling the remaining American inventory of...
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STG Reorganizes After Agio Integration, Régis Broersma to Lead General Cigar Co.

Régis Broersma will remain in charge of General Cigar Co. Scandinavian Tobacco Group—parent of General Cigar Co., Cigars International and others—announced that it would be...
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STG Reports $1.01 Billion in Revenue for 2019

Scandinavian Tobacco Group (STG)—parent of General Cigar Co., Cigars International and others—has reported its 2019 fiscal results. The company generated DKK 6.87 billion ($1.01 billion)...
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Royal Agio Distributes €10 Million to Employees Following STG Sale

There’s much to be decided about the future of Royal Agio Cigars employees now that the company has been purchased by Scandinavian Tobacco Group (STG)...
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STG Completes Royal Agio Acquisition

Scandinavian Tobacco Group (STG) has announced that it has completed the acquisition of Royal Agio Cigars for a price of €210 million ($234.59 million). The...
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Ten Questions for 2020

Welcome to the 10th version of Ten Questions. In December 2009, I decided to write an editorial that previewed some of the big topics for the following...
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Sarah Santos Named Head of Cigars International

Sarah Santos will be the next head of Cigars International, the world’s largest retailer. Officially, Santos’ title will be president of North American Online and...
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STG Announces Lower Revenue, Higher Profits for Q3 2019

It would appear that some of the cost cutting measures taken by Scandanavian Tobacco Group (STG) are working. STG—the parent of General Cigar Co., Cigars...
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InterTabac 2019: Day 1

I’m a bit pressed for time, but here’s a very quick rundown of some first impressions of InterTabac 2019 before I head to a dinner...
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Five Thoughts: Scandinavian Tobacco Group’s Acquisition of Agio

We rate cigars, not cigar M&A deals, but I’d have to give Scandinavian Tobacco Group’s (STG) planned acquisition of Royal Agio Cigars a pretty decent...
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