Scandinavian Tobacco Group (STG) announced today that Justin Andrews, senior brand manager for Diesel, has been promoted to New Business Development Manager of the company’s North American Branded and Rest of World divisions, effective November 1.
Scandinavian Tobacco Group (STG) announces today that Craig Reynolds, Executive Vice President of STG and President of the company’s North American Online and Retail Division (NAO&R) will transition full leadership responsibility of the NAO&R division to Sarah San-tos, currently Senior Vice President of STG’s North American Online Business, effective January 1, 2020.
Tobacco Group today signed an agreement to acquire the business of Thompson and Co. of Tampa, Inc. (“Thompson”). The purchase price amounts to USD 62 million and the acquisition will be financed by existing cash at hand. The closing of the deal is expected to take place by the end of March 2018.