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-   -   CAO merging with General Cigar (http://www.cigarasylum.com/vb/showthread.php?t=27362)

csbrewfisher 01-15-2010 01:30 PM

CAO merging with General Cigar
 
Surprised?

Skywalker 01-15-2010 01:46 PM

Re: CAO merging with General Cigar
 
Is that a good thing or a bad thing???:confused:

tobii3 01-15-2010 01:52 PM

Re: CAO merging with General Cigar
 
CAO isn't merging.

Read the article.

Remember Swedish Match bought out Cigars International?

Now STG owns 51% of ALL of them...the Torano Factory in Esteli, the Torano/Oliva factory in Danli, Honduras, General Cigar and Cigars International.

Doctorossi 01-15-2010 01:56 PM

Re: CAO merging with General Cigar
 
Quote:

Originally Posted by csbrewfisher (Post 720915)

Can't say that I am. Aside from the broader issues of the (expected) industry consolidation, this particular arrangement, for me, only means that two companies I largely ignore become one company I largely ignore.

Kreth 01-15-2010 02:22 PM

Quote:

Originally Posted by tobii3 (Post 720946)
CAO isn't merging.

Read the article.

Remember Swedish Match bought out Cigars International?

Now STG owns 51% of ALL of them...the Torano Factory in Esteli, the Torano/Oliva factory in Danli, Honduras, General Cigar and Cigars International.

The article says the deal does not include SM's mass market US business. Wouldn't that include CI, or does mass market refer to machine-made smokes and not hand-mades?
Posted via Mobile Device

BengalMan 01-15-2010 02:41 PM

Re: CAO merging with General Cigar
 
Quote:

Originally Posted by Kreth (Post 720983)
The article says the deal does not include SM's mass market US business. Wouldn't that include CI, or does mass market refer to machine-made smokes and not hand-mades?
Posted via Mobile Device

CI is included. Mass market business refers to the machine made stuff.

Don Fernando 01-15-2010 03:15 PM

Re: CAO merging with General Cigar
 
Quote:

Swedish Match will own 49 percent of the new venture. The company is not contributing its mass-market cigar business to the venture, which includes such machine-made brands as White Owl, Garcia y Vega, and La Paz.

The deal also includes Swedish Match's highly successful retail arm, Cigars International.
snippet from an article on Cigar Aficionado

thebiglebowski 01-15-2010 03:17 PM

Re: CAO merging with General Cigar
 
Quote:

Originally Posted by Doctorossi (Post 720951)
Can't say that I am. Aside from the broader issues of the (expected) industry consolidation, this particular arrangement, for me, only means that two companies I largely ignore become one company I largely ignore.

couldn't have said it better myself.

Bruins Fan 01-15-2010 03:25 PM

Re: CAO merging with General Cigar
 
Quote:

Originally Posted by Doctorossi (Post 720951)
Can't say that I am. Aside from the broader issues of the (expected) industry consolidation, this particular arrangement, for me, only means that two companies I largely ignore become one company I largely ignore.

+1 :)


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