Scandinavian Tobacco Group

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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Scandinavian Tobacco Group Acquiring Royal Agio Cigars

Scandinavian Tobacco Group (STG) has announced plans to the Dutch-based Royal Agio Cigars in a deal valued at €210 million ($232.61 million). Formally, the deal...
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STG Announces Q2 2019 Results

Scandinavian Tobacco Group (STG) has announced its financial results for the second quarter of 2019. Revenue fell .9 percent compared to 2018 with the company...
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Craig Reynolds, Head of Cigars International, Retiring in May

Craig Reynolds, the leader of the Cigars International—the world’s largest cigar retailer—will be retiring in May 2020. That is when his contract ends, though Reynolds...
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