Mergers and acquisitions
In 2011, Scandinavian Tobacco Group acquired Lane Limited, a US-based manufacturer and brand owner of pipe-tobacco, fine-cut tobacco and machine-made cigars, from Reynolds American Inc. Through the acquisition of Lane, the company gained ownership of Captain Black (pipe tobacco and cigar), Bugler (fine-cut tobacco), Winchester (cigars) and other smaller brands.
In 2013, the company acquired the catalog and online retail business PipesandCigars.com. In 2014, followed the acquisition of Verellen, a Belgian brand owner and manufacturer of machine-made cigars and Torano, a handmade cigar brand.
In 2018, Scandinavian Tobacco Group acquired Thompson Cigar, a leading US online cigar retailer. In 2019, the company acquired Peterson Pipe Tobacco, the pipe tobacco business of Kapp and Peterson Limited an Irish pipe and pipe tobacco manufacturer. The same year, the company announced the acquisition of Royal Agio Cigars, a leading European producer of cigars and cigarillos. The acquisition was finalised in January 2020.
Agio acquisition
On 2 January, Scandinavian Tobacco Group completed the acquisition of Agio Cigars, a cigar company based in the Netherlands.
Public listing
On 10 February 2016, Scandinavian Tobacco Group became a public listed company on the NASDAQ Copenhagen Stock Exchange. 40% of the share capital was sold to new shareholders, while Skandinavisk Holding II A/S and Swedish Match Cigars Holding AB continued as major shareholders of Scandinavian Tobacco Group.
