Scandinavian Tobacco Group A/S (0RES)

Profile

https://www.st-group.com

Scandinavian Tobacco Group A/S is a leading global manufacturer of cigars and traditional pipe tobacco, headquartered in Copenhagen, Denmark. The company specializes in crafting premium handmade cigars, machine-rolled cigars, pipe tobacco, and fine-cut tobacco products, holding top market positions including number one in handmade cigars and online retail in the US, machine-made cigars in the US and Europe, pipe tobacco globally, and fine-cut tobacco in the US and Denmark. With approximately 10,000 employees worldwide, it operates 14 manufacturing sites strategically located near tobacco growers and consumers, such as the Dominican Republic, Honduras, Nicaragua, Europe, and Indonesia for cigars, and Denmark for pipe and fine-cut tobacco. Its portfolio features around 200 renowned brands like Macanudo, La Gloria Cubana, Panter, Captain Black, and Bugler, sold in about 100 markets through sales offices in North America and Europe, wholesalers, retailers, and eight US cigar superstores. Scandinavian Tobacco Group A/S maintains a global supply chain, sourcing raw tobacco from major growing countries and a 20% stake in Caribbean Cigar Holdings for cultivation, while committing to ethical standards and sustainability as a publicly listed entity. Through strategic acquisitions like General Cigar, Cigars International, and Royal Agio Cigars, it has solidified its role as an undisputed leader in the tobacco industry, focusing on smoking enjoyment and innovation.