December 28, 2014 7:38 AM ET

Tobacco

Company Overview of Scandinavian Tobacco Group A/S

Company Overview

Scandinavian Tobacco Group A/S, together with its subsidiaries, manufactures and sells cigars and smoking tobacco worldwide. The company offers cigars under the Bellman, Café Crème, CAO, Colts, Cubero, Don Tomas, El Credito, Hajenius, Henri Wintermans Founder's Blend, Hofnar, Justus van Maurik, La Paz, M, Macanudo, Mercator, Nobel Petit, Oud Kampen, and Salsa brand names; pipe tobacco under the Borkum Riff, Captain Black, Clan, Colts, Danske Club, Erinmore, Greve Hamilton, Half & Half, Orlik, Sail, Stanwell, Sweet Dublin, W. Ø. Larsen, and Ålsbo brand names; and fine cut tobaccos for hand-rolled cigarettes under the Bali, Crossroad, Escort, and Tiedemanns brand names. It also offers smokeles...

Sydmarken 42

Soeborg

Copenhagen,  2860

Denmark

Founded in 1750

9,200 Employees

Phone:

45 39 55 62 00

Key Executives for Scandinavian Tobacco Group A/S

Group Chief Executive Officer
Age: 51
Group Chief Financial Officer and Member of the Executive Board
Age: 47
President of Cigars International
Age: 59
President of General Cigar
Executive Vice President of Supply Chain and Member of Executive Board
Age: 59
Compensation as of Fiscal Year 2014.

Scandinavian Tobacco Group A/S Key Developments

Swedish Match Reportedly To Sell STG

Swedish Match AB (OM:SWMA) and Skandinavisk Holding A/S are in talks with private equity firms about sale Scandinavian Tobacco Group A/S (STG), two sources familiar with the matter. CVC Capital Partners Ltd, Rhone Capital, L.L.C. and Pamplona Capital Management LLP were bidding for STG, reported Bloomberg. First round bids are due on December 18, 2014. The process is being run by JP Morgan. BC Partners is also eyeing the sale, one of the sources said.

Scandinavian Tobacco Group Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Scandinavian Tobacco Group reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, sales increased by 4% to DKK 1,649 million against DKK 1,590 million last year, and in local currencies the sales increase was 3%. EBITDA increased to DKK 364 million against 335 million last year, as a result of positive development within handmade cigars, pipe tobacco, and fine cut tobacco. Both sales and EBITDA marginally benefitted from the acquisition of Verellen effective from September 1, 2014. Underlying EBITDA adjusted for currency, the Verellen acquisition and one-time items, increased by 9%. Net profit for the period amounted to DKK 192 million against DKK 155 million last year. For the nine months, sales were DKK 4,496 million against DKK 4,447 million last year. Operating profit was DKK 579 million against DKK 600 million last year. Net profit for the period was DKK 398 million against DKK 397 million last year. EBITDA was DKK 871 million against DKK 891 million last year. In local currencies, sales increased by 3% with improvements mainly within handmade cigars and fine cut tobacco. Underlying EBITDA, adjusted for currency effects and costs of a temporary nature, increased by 3%.

SWMA Mulls Review Of Strategic Options For STG

Swedish Match AB (OM:SWMA) can now sell its 49% of shares in Scandinavian Tobacco Group A/S (STG) at an estimated valued of SEK 7 billion. JP Morgan is said to be reviewing the available options for Swedish Match, either an IPO or a sale.

Similar Private Companies By Industry

Company Name Region
Scandinavian Tobacco Group A/S Europe
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Chr. Augustinus Fabrikker A/S Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 13, 2014
Verellen NV
 

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