CAO merging with General Cigar

[csbrewfisher]

Surprised?

[Skywalker]

Is that a good thing or a bad thing???

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]

Originally Posted by csbrewfisher

Surprised?

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]

Originally Posted by tobii3

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]

Originally Posted by Kreth

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]

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]

Originally Posted by Doctorossi

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]

Originally Posted by Doctorossi

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