Scandinavian Tobacco Group


Scandinavian Tobacco Group is a manufacturer of cigars and traditional pipe tobacco. The company is headquartered in Copenhagen, Denmark, and is a publicly listed Company on NASDAQ Copenhagen.

History

The company was founded as the Scandinavian Tobacco Company in 1961.
During the reconstruction of 1990, all cigarettes manufacturing was gathered together in the new independent subsidiary company of House of Prince A/S and all cigars manufacturing was gathered together in Nobel Cigars A/S – now ST Cigar Group Holding B. V.
In February 2008, the cigarette and snus operations of the company were acquired by British American Tobacco. The company retained its cigar, pipe tobacco, rolling tobacco, and tobacco bits businesses.
In December 2008, the decision was made to change the company's name to Scandinavian Tobacco Group.
On 26 April 2010, an agreement was signed to form a new company by combining all the tobacco business of Scandinavian Tobacco Group AB with the cigars and pipe tobacco business of Swedish Match AB .
Following its establishment in 2010, the group acquired Lane Limited, a producer and brand owner of pipe tobacco, fine-cut tobacco and machine-made cigars in the United States, from Reynolds American Inc. in 2011. Through the acquisition of Lane, STG acquired Captain Black, Bugler, Winchester and other smaller brands. In 2013, STG acquired the Pipes and Cigars online retail business in the United States, followed by the acquisitions of Verellen, a Belgian brand owner and producer of machine-made cigars, and the Torano handmade cigar brand, both in 2014.
In 2018, the group acquired Tampa, Florida-based Thompson Cigar for $62 Million.
In March 2019, the group announced it was laying off 112 employees and closing its Thompson Factory Outlet in Tampa, Florida.

Products

Scandinavian Tobacco Group's primary business is production and sales of handmade cigars, machine-made cigars, pipe tobacco and fine-cut tobacco. In total, the company owns more than 200 brands across the different categories.
Handmade cigars
Scandinavian is the leading manufacturer of handmade cigars in the US.
Key brands include:
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- Hoyo de Monterrey
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Machine-made cigars
The company is number one manufacturer of machine-made cigars in Europe and the US.
Key brands include:
- Break
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- Henri Wintermans
- La Paz
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- Signature
Pipe Tobacco
The company is number one manufacturer of pipe tobacco in Europe.
Key brands include:
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- Peterson
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Fine-Cut Tobacco
The company is number one manufacturer of fine-cut tobacco in the US and Denmark.
Key brands include:
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Operations

Scandinavian Tobacco Group A/S has several sales offices in different countries worldwide and production sites in Denmark, Belgium, Honduras, the Dominican Republic, Indonesia and Nicaragua.
The company divides its commercial operation into three regional divisions.
Division Europe Branded includes primarily sales of the company’s machine-made cigars, pipe tobacco and fine-cut to Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal & Canary islands and the UK & Ireland. The division in is run from the company headquarter in Copenhagen, Denmark.
Division North America Branded and RoW includes primarily sales of the company’s handmade cigars and pipe tobacco to the US, Canada, Australia, New Zealand, and Asian markets. The division is run at the company subsidiary General Cigar Company in Richmon, Virginia US
Division North America Online & Retail includes direct to consumer sales of primarily handmade-cigars and pipe tobacco sold via the online, catalogue and retail channel in the US. The division is run at the company subsidiary Cigars International in Pennsylvania, US and is the leading online and catalogue distributor of cigars in the country.