Monday, August 18, 2014
Fuente Expanding Añejo Brand
Wednesday, August 13, 2014
Macanudo Returns to Jamaican Roots
Tuesday, August 12, 2014
Senators Voice Support for Cigars
Monday, August 11, 2014
Sosa Commemorates 50th Anniversary with Cigar
Friday, August 8, 2014
Taste Each Leaf in Alec Bradley's Fine & Rare with this Limited Box
- More from News & Features
Davidoff Group Sells Subsidiary
Posted: July 1, 2013
The Oettinger Davidoff Group, the Switzerland-based company that owns the Davidoff, Zino Platinum, Camacho and Avo cigar brands, announced that it has sold its cigarette vending machine subsidiary for an undisclosed amount.
ZOPAG AG, which has overseen the distribution of Davidoff's cigarette vending business for many years, is now in the hands of Groupe Margot Tabac, another Swiss company that has been in the cigarette vending business for some time.
"This step allows us to continue focussing on our core businesses," said Hans-Kristian Hoejsgaard, president and chief executive officer of the Oettinger Davidoff group, in a press release.
News of the sale comes shortly after Davidoff announced that its cigar sales were up in 2012.
You must be logged in to post a comment.