STG Reports Q1 2023 Results, Warns of U.S. Cigar Slowdown
During Q1, STG made two acquisitions, including purchasing Alec Bradley.
STG Purchases XQS, a Swedish Nicotine Pouch Company
Just two months after announcing a deal to purchase Alec Bradley, STG has acquired another company. This deal could be worth as much as $22.11 million.
Alec and Bradley Rubin, Jonathan Lipson Join STG’s Marketing Department
STG’s marketing adds the namesakes of the Alec Bradley brand as well as its former director of sales and marketing.
Alec Bradley’s PCA 2023 Booth Becomes Forged Cigar Co. Booth
As expected, what was once destined to be the Alec Bradley booth will now be the Forged booth.
STG Reports Higher Revenue & Profits With Lower Growth for 2022
While both revenue and profits beat STG’s record 2021 years, the growth rate is no longer at peak pandemic levels.
STG Moving Alec Bradley to Forged Portfolio by June
As expected, Alec Bradley will eventually be sold through the Forged Cigar Co. sales team.
STG Completes Acquisition of Alec Bradley
Scandinavian Tobacco Group has issued the following statement: Effective 1 March 2023, Scandinavian Tobacco Group (“the Company”) has completed the acquisition of substantially all assets…
13 Thoughts: STG Buys Alec Bradley
Hey, STG acquired another company during Day 1 of TPE.
STG Acquiring Alec Bradley for $72.5 Million
The parent of General Cigar Co. and Cigars International is acquiring Alec Bradley.
General Cigar Co. Files New Lawsuit Against Cuba in Cohiba Trademark Dispute
In December 2022, a U.S. trademark court ruled in favor of Cubatabaco, the Cuban cigar monopoly, over its near 30-year dispute with General Cigar Co. over who should own the U.S. trademark for Cohiba. Now, General is firing back with a new lawsuit.
Shady Moose Launching March 1
Shady Moose uses tobaccos from six different countries.
