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STG acquires Mac Baren

YaksterYakster Posts: 27,541 ✭✭✭✭✭
in Pipes

https://it.finance.yahoo.com/news/scandinavian-tobacco-group-acquire-mac-073900958.html

Scandinavian Tobacco Group is buying Mac Baren Tobacco Company for about 77 Million USD.

It might be time to stock up on your favorite MB tobaccos.

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Comments

  • StubbleStubble Posts: 8,963 ✭✭✭✭✭

    Reading what others with more knowledge and experience are saying, this could possibly really sux badly.

    Hey, you gonna eat the rest of that corndog?
  • YaksterYakster Posts: 27,541 ✭✭✭✭✭
    edited November 6

    Right you are, Steve.

    https://pipesmagazine.com/forums/threads/stg-closes-mac-baren-and-sutliff.107172/

    The Danish MSN news site published yesterday that the Mac Baren factory in Svendborg will be moved by 2027 with hopes that some of the 200 employees of the factory make the move to Assens. No doubt some blends will be dropped.

    The dismissal of the management team will take place within the next eight to ten days.

    However, it is not only the factory in Svendborg that is affected by STG's new strategy. Mac Baren facilities in the US (Sutliff, maybe TobaccoPipes, Cup O' Joes, TobaccoReviews, etc.) will also be closed as part of the restructuring.

    Now's a good time to stock up on Sutliff bulk at Tobacco Pipes which is currently 20% off.

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  • StubbleStubble Posts: 8,963 ✭✭✭✭✭

    Well crap....

    Hey, you gonna eat the rest of that corndog?
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