Scandinavian Tobacco Group has today agreed on the terms and conditions 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 group of companies (“Royal Agio”). On a debt and cash free basis (the enterprise value), the…
Royal Agio Cigars USA and Avanti Cigar Ending Distribution Agreement
Royal Agio Cigars USA and Avanti Cigar Company recently made the joint decision to end their exclusive distribution agreement for the U.S. market effective February 1, 2019. Avanti will now reassume all distribution and sales activities for the U.S.
Royal Agio Re-Releases Limited Edition Balmoral Añejo XO Lancero FT
Royal Agio Cigars USA announced that they are re-releasing the Balmoral Añejo XO Lancero FT Edición Limitada. Shipments to retailers begin mid-November.