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Elite Veteran
Joined: 7/8/2009
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Location: Staten Island, New York | I thought 5 Vegas was an exclusive CI brand. Is Cigar.com and CI owned by the same company or otherwise affiliated? |
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Extreme Veteran
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Location: Tallahassee, FL | rkarkada - 7/26/2010 5:02 PM
I thought 5 Vegas was an exclusive CI brand. Is Cigar.com and CI owned by the same company or otherwise affiliated?
I have the same question!!! |
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Expert
Joined: 12/19/2009
Posts: 1406
Points: 1826
Location: Quad Cities USA | This should be a good smoke, like everyone else I loke 5 Vegas also. |
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Member
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Posts: 26
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| rkarkada - 7/26/2010 7:02 PM
I thought 5 Vegas was an exclusive CI brand. Is Cigar.com and CI owned by the same company or otherwise affiliated?
Yes they are.
They also own Cigarbid.com, Joecigar.com, they own walk-in shops, and I seem to recall they have something else, but can't remember at the moment.
And they also subcontract cigars to some online shops like Cheaphumidors.com
They're a big player in the business.
Edited by Elwin 7/26/2010 8:55 PM
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Extreme Veteran
Joined: 9/17/2008
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Location: Dauphin, Canada | They're a big player in the business.
Understatement of the thread.  |
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Veteran
Joined: 7/1/2010
Posts: 411
Points: 631
Location: St. Louis Missouri | Cbid has 6 boxes of these for auction right now. Quick-buy if $55 current bid to win is $52 |
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Extreme Expert
Joined: 12/2/2008
Posts: 2526
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Location: Up in th' holler yonder, nigh on to pappy's still | I've got 10 of the Brick (5 x 55) coming from CI, probably in tomorrow's mail. I'll give them a couple of days to dry out a bit and then try one to see if the PA broadleaf delivers like it should. |
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Elite Veteran
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Location: Midcoast Maine | kylepwhalen - 7/26/2010 8:13 PM
rkarkada - 7/26/2010 5:02 PM
I thought 5 Vegas was an exclusive CI brand. Is Cigar.com and CI owned by the same company or otherwise affiliated?
I have the same question!!!
Of the top internet vendors, Famous Smoke is the only one that is still American owned.
CI (in all it's forms) has owned by Swedish Match since 2007:
"STOCKHOLM, Sweden -- As announced August 16, 2007 Swedish Match AB (STO:SWMA) has acquired Cigars International Inc., a privately held U.S. company ... The transaction has now been completed and will be consolidated into Swedish Match as of September 1, 2007. Cigars International employs approximately 100 people and had sales of approximately 400 MSEK for the twelve month period ending June 30, 2007."
More acquisitions followed over the years with Swedish Match itself undergoing merger this year:
STG has signed a letter of intent with Swedish Match to form a worldwide company with focus on cigars and pipe tobacco.
In addition to many of the top cigar brands, Swedish Match also makes Borkum Riff and Half&Half pipe tobaccos.
• Scandinavian Tobacco Group (STG) – formerly named Skandinavisk Tobakskompagni - will contribute all its tobacco business (cigars, pipe tobacco and fine cut tobacco)
• Swedish Match (SM) will contribute all its cigar business (with the exception of US mass market cigars), as well as its pipe tobacco and accessories business
• Completion of the transaction is subject to due diligence by both parties, final transaction agreements, bondholder approval, and regulatory review and approval
In accordance with its strategic vision to become a world leader in cigars and a leading player in smoking tobacco, STG has signed a letter of intent with SM to form a company combining the tobacco business of STG with the cigars businesses of SM (with the exception of SM’s US mass market cigar business). The company will also include the pipe tobacco and accessories business of SM, as well as distribution of lighters and matches in relevant markets.
The combined entity will have an annual turnover of just under MEUR 700 and a combined volume of more than 2.5 billion cigars and 1,650 tons of pipe tobacco, placing it firmly as one of the largest cigar companies in the world and as world leader in pipe tobacco. The company will have leading positions in the markets for premium cigars in the US and for cigars in Europe, and hold strong positions in a number of other markets. Its leading cigar brands will include brands such as Café Crème, Henri Wintermans, Colts and Mercator, among others, from STG, with SM contributing brands such as Macanudo, Partagas (US), Punch (US) and La Paz. Its leading pipe tobacco brands will include Erinmore, Clan and W.Ø. Larsen from STG and Borkum Riff and Half&Half from SM.
STG will hold 51% of the shares in the new company, with the remaining 49% of the shares being held by SM. On the basis of the preliminary valuations, which are subject to due diligence by both parties, STG will compensate SM by approximately MEUR 40 to account for the planned shareholding and the relative differences in enterprise values on a debt and cash free basis. Anders Colding Friis, CEO of STG, will become CEO of the new company.
SM produces and sells market-leading brands in smoke-free tobacco products, cigars, lighters and matches. SM’s global operations generated sales of MSEK 14,139 for the twelve months period ending September 30, 2009. It has production units in 10 countries and the SM share is listed on the NASDAQ OMX in Stockholm.
"The Letter of Intent marks the intention of both parties to form a value enhancing business combination within the cigar and smoking tobacco industry. Such a business combination would be complementary, create synergies and result in an overall stronger company," says Anders Colding Friis, CEO of Scandinavian Tobacco Group.
Completion of the transaction is subject to due diligence by both parties, final transaction agreements, as well as bondholder and regulatory approvals. Signing is expected during the first half of 2010 and completion as soon as possible thereafter. Please note that there can be no assurance that the transaction will be completed.
Scandinavian Tobacco Group produces and sells cigars, pipe tobacco and fine cut tobacco in more than 115 countries around the world. The group has around 3,400 employees and is headquartered in Denmark. The products are sold via sales subsidiaries in Europe, Canada and the US and a network of distributors. Production facilities are located in Denmark, the Netherlands, Belgium, Indonesia, Dominican Republic, Honduras and Nicaragua. Key cigar brands are Café Crème, Henri Wintermans, Colts and Mercator. The most important pipe tobacco brands are Erinmore, Clan, W.Ø. Larsen and Stanwell. Key fine cut brands are Escort, Tiedemanns and Crossroad.
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Extreme Expert
Joined: 10/18/2008
Posts: 4093
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Location: Havertown, PA | Elwin - 7/26/2010 9:54 PM
rkarkada - 7/26/2010 7:02 PM
I thought 5 Vegas was an exclusive CI brand. Is Cigar.com and CI owned by the same company or otherwise affiliated?
Yes they are.
They also own Cigarbid.com, Joecigar.com, they own walk-in shops, and I seem to recall they have something else, but can't remember at the moment.
And they also subcontract cigars to some online shops like Cheaphumidors.com
They're a big player in the business.
Holt's also carries 5 Vegas cigars. |
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Extreme Expert
Joined: 7/13/2009
Posts: 5581
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Location: Lawrenceville, GA | lowpro75 - 7/29/2010 3:52 PM
Holt's also carries 5 Vegas cigars.
I noticed that as well. I've also seen them in local B&Ms, but it wouldn't surprise me if they were just buying them from CI/CBID to re-sell. |
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Extreme Expert
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Location: Havertown, PA | nwb - 7/29/2010 9:02 PM
lowpro75 - 7/29/2010 3:52 PM
Holt's also carries 5 Vegas cigars.
I noticed that as well. I've also seen them in local B&Ms, but it wouldn't surprise me if they were just buying them from CI/CBID to re-sell.
I would doubt it. Holt's actually owns the Ashton brand, but sells them in many outlets. Perhaps they just figure there is more money in having a wider distribution then keeping it for themselves.  |
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Extreme Expert
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Location: Lawrenceville, GA | lowpro75 - 7/29/2010 9:52 PM
nwb - 7/29/2010 9:02 PM
lowpro75 - 7/29/2010 3:52 PM
Holt's also carries 5 Vegas cigars.
I noticed that as well. I've also seen them in local B&Ms, but it wouldn't surprise me if they were just buying them from CI/CBID to re-sell.
I would doubt it. Holt's actually owns the Ashton brand, but sells them in many outlets. Perhaps they just figure there is more money in having a wider distribution then keeping it for themselves.
I meant the local B&Ms, not Holt's. Goober.  |
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Extreme Veteran
Joined: 2/24/2009
Posts: 305
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Location: Atlanta,Ga/San Diego,Ca. | bklein128 - 7/29/2010 7:58 AM
Cbid has 6 boxes of these for auction right now. Quick-buy if $55 current bid to win is $52
No more Quick Buy but the current bid is $55...lots of brothers are claiming that this cigar is a good one and I'm a Churchill Smoker so I have to sit here and debate whether I should be bidding or wait to see if they will put a 5 pak on their so I can try em. |
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Extreme Expert
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Location: Havertown, PA | nwb - 7/29/2010 9:54 PM
lowpro75 - 7/29/2010 9:52 PM
nwb - 7/29/2010 9:02 PM
lowpro75 - 7/29/2010 3:52 PM
Holt's also carries 5 Vegas cigars.
I noticed that as well. I've also seen them in local B&Ms, but it wouldn't surprise me if they were just buying them from CI/CBID to re-sell.
I would doubt it. Holt's actually owns the Ashton brand, but sells them in many outlets. Perhaps they just figure there is more money in having a wider distribution then keeping it for themselves.
I meant the local B&Ms, not Holt's. Goober.  just when I try to be serious. |
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Elite Veteran
Joined: 1/5/2010
Posts: 729
Points: 1269
Location: Quad Cities ILL. | 5 Vegas Yummy
Not a big fan of box press  |
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Extreme Veteran
Joined: 1/13/2010
Posts: 332
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Location: ATL Baby! | Cigary - 7/29/2010 10:08 PM
bklein128 - 7/29/2010 7:58 AM
Cbid has 6 boxes of these for auction right now. Quick-buy if $55 current bid to win is $52
No more Quick Buy but the current bid is $55...lots of brothers are claiming that this cigar is a good one and I'm a Churchill Smoker so I have to sit here and debate whether I should be bidding or wait to see if they will put a 5 pak on their so I can try em.
Gary 10 of these were on the Jam Wed for 32.50
Keep your eyes peeled on Bbid. Wont be long before they have 5paks
and singles on Cbid. |
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Extreme Expert
Joined: 3/19/2009
Posts: 4353
Points: 7173
Location: Anaheim Hills, California | They are 10 for $25 on Joe's Daily today. I haven't been much of a fan of the PA broadleaf, so maybe I will get to try one in a pass or a trade. Not pulling the trigger for 10.
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Extreme Expert
Joined: 7/13/2009
Posts: 5581
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Location: Lawrenceville, GA | Give it a few months and the "I want to try them" fever will fade. Then you'll be able to pick a fiver up on CBID for a more reasonable price.  |
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Extreme Veteran
Joined: 10/7/2008
Posts: 452
Points: 537
Location: Jenks, OK | Today on Joe Cigar.
JoeCigar.com: 5 Vegas Gold Series Maduro The Brick (box-press) - 10 Cigars - $25.00
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Expert
Joined: 12/15/2009
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Location: West Slope of Sierra Nevada Mountains GOLD country | Alphairon - 7/29/2010 8:39 AM
I've got 10 of the Brick (5 x 55) coming from CI, probably in tomorrow's mail. I'll give them a couple of days to dry out a bit and then try one to see if the PA broadleaf delivers like it should.
I did the same, what the heck I'm already into my 2011 cigar budget...  |
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Extreme Expert
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Location: Lawrenceville, GA | dwig - 7/30/2010 8:53 AM
Today on Joe Cigar.
JoeCigar.com: 5 Vegas Gold Series Maduro The Brick (box-press) - 10 Cigars - $25.00
Saw that and almost pulled the trigger. But I was strong  |
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Veteran
Joined: 7/1/2010
Posts: 411
Points: 631
Location: St. Louis Missouri | Looks like brick ran out and the torpedo is next. They must be good or just have a lot of hype. |
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Elite Veteran
Joined: 1/5/2010
Posts: 729
Points: 1269
Location: Quad Cities ILL. |  on the torpedos |
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5 Vegas Gold Maduro
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