Scandinavian Tobacco Group (STG), parent company of General Cigar Co. and Cigars International, have announced that Régis Broersma has been appointed Senior Vice President of STG’s new North America Branded and Rest of World Division. In this new appointment, Régis returns permanently to his previous role as President of General Cigar Co. These changes are effective immediately.
Scandinavian Tobacco Group recently announced the closure of a deal wherein they will acquire the premium pipe tobacco portfolio of Peterson Pipe Tobacco from Kapp & Peterson Limited from Ireland. Specific terms of the acquisition have not been disclosed.
CRAIG REYNOLDS ASSUMES RESPONSIBILITY OF ENTIRE NORTH AMERICAN BUSINESS SCANDINAVIAN TOBACCO GROUP FORMS CLUSTER OF ITS NORTH AMERICAN BUSINESSES FOR CIGARS, PIPE TOBACCO AND FINE CUT As of 1 January 2017, General Cigar, Cigars International, STG Lane and STG Canada reinforce their leading positions under one leadership. The change thereby improves the world-leading cigars and pipe tobacco business’ product offering across all customer segments.
Scandinavian Tobacco Group (STG) announced today that Craig Reynolds will be retiring from his role of Executive Vice President of STG and President of the company’s North American Online and Retail Division (NAO&R) at Cigars International. Replacing him is Sarah Santos who will take the title President of the company’s North American Online and Retail Division (NAO&R) and Senior Vice President of STG. Reynolds will continue to support the transition of the NAO&R Division until May 31, 2020 when he will officially retire. During his retirement, he will continue to stay on in a consultancy role for STG and the NAO&R division until December 2020 or later.
Scandinavian Tobacco Group (STG) will acquire Thompson and Co. of Tampa, Inc. (Thompson Cigars) for a purchase price of USD $62 million. The closing of the deal is expected to happen by the end of March 2018. Thompson Cigars is one of the leading online cigar retailers in the United States. Thompson is a family-owned business, founded in 1915 and based in Tampa, Florida. They have annual net sales of USD $100 million and they employ 185 people. Thompson will provide STG with access to one of the largest and most attractive customer bases for premium cigars, and a retail store with call center, also located in Tampa.
18 November 2015 – Scandinavian Tobacco Group Appoints New President for General Cigar and EVP for Handmade Cigars Globally Scandinavian Tobacco Group...