Announced
Completed
Synopsis
Scandinavian Tobacco Group, a manufacturer of cigars and traditional pipe tobacco completed the acquisition Royal Agio Cigars, an European cigar company with a strong cigar portfolio including key brands such as Mehari's, Panter and Balmoral, from Highlands Beheer, the holding company of the Royal Agio Cigars group of companies, for €210m ($232m). “I am very pleased that we have completed the acquisition of Royal Agio, which significantly strengthens our position in several key machine-made cigar markets in Europe and enables us to deliver an even more attractive range of cigars of the highest standards to our consumers,” Niels Frederiksen, Scandinavian Tobacco Group CEO.
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.