CAO..?

[T.G]

Originally Posted by shilala

Who bought the cows, was it general cigar or swiss match or does swiss own general or how the heck does that work?

Yeah, it's convoluted enough that I had to go double check the dates.

So, insert theme to The Brady Bunch tv show here...

2005: Swedish Match finishes acquisition of General Cigar.
2007: Henri Wintermans, a subsidiary of Scandinavian Tobacco Group A/S (STG), acquires CAO & Torano.
2007: Swedish Match acquires Cigars International and associated holdings.
2010: Swedish Match merges with STG. STG retains controlling interest so company name remains Scandinavian Tobacco Group.

[shilala]

Originally Posted by T.G

Yeah, it's convoluted enough that I had to go double check the dates.

So, insert theme to The Brady Bunch tv show here...

2005: Swedish Match finishes acquisition of General Cigar.
2007: Henri Wintermans, a subsidiary of Scandinavian Tobacco Group A/S (STG), acquires CAO & Torano.
2007: Swedish Match acquires Cigars International and associated holdings.
2010: Swedish Match merges with STG. STG retains controlling interest so company name remains Scandinavian Tobacco Group.

Thanks Adam. I missed the whole STG merger, never heard word one. I'm less confused now, but I'm not sure what the odds of retaining any of it are.

[BigAsh]

Originally Posted by shilala

Thanks Adam. I missed the whole STG merger, never heard word one. I'm less confused now, but I'm not sure what the odds of retaining any of it are.

Contest?

[T.G]

Originally Posted by shilala

Thanks Adam. I missed the whole STG merger, never heard word one. I'm less confused now, but I'm not sure what the odds of retaining any of it are.

Welcome Scott. For some reason, the STG merger didn't gather that much publicity or buzz, seems like it was just kind of mentioned a few places and then promptly forgotten about. Everyone knew about CAO, but a couple industry giants merge and no one notices. I might have missed it myself if it weren't for having a friend who works for one of the Swedish Match acquisitions.

And I sure as heck don't remember the exact dates or order myself - every time this conversation comes up, I have to go look up the order too.