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Swedish Match Buys Belgian Cigar Company
Michael Moretti
Posted: July 9, 2007
Stockholm-based Swedish Match AB, one of the world's largest cigarmakers, announced in mid-June a deal to purchase 100 percent of Belgian cigarmaker Bogaert Cigars for an undisclosed sum.
A privately owned company in business since 1937, Bogaert produces machine-made cigars and cigarillos under the brand names Bogart and Hollandia as well as private-label brands. The company produces cigars in Belgium and Indonesia.
For more on this story, see the current issue of Cigar Insider.
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