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Acquistion

Royal Agio Cigars Sold To Parent Group of General Cigars

The parent company of General Cigars, ┬áScandinavian Tobacco Group has completed a deal for the acquisition of all of the shares of Agio Beheer B.V. from Highlands Beheer B.V. Agio Beheer B.V. is the holding company of the Royal Agio Cigars. The transaction is valued at EUR 210 million (UD 231 millon). The Scandinavian Tobacco Group acquisition will be financed by cash at hand and debt. The transaction is subject to satisfactory conclusion of a […]

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