Tuesday, October 21, 2014
Davidoff Year of the Sheep Coming to Las Vegas
Monday, October 20, 2014
Swisher International Acquiring Drew Estate
Friday, October 17, 2014
Limited Alec Bradley Fine & Rare Ships
Thursday, October 16, 2014
Ashton Symmetry Cigars In Warehouse, Shipping Next Week
Monday, October 13, 2014
Padrón Looks Back at 50
- 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.