CupoJoe’s Bought Out by Sutliff

[oldgeezersmoker]

Title edited for caps -jpm

“Thank you for your inquiry and attention to detail of our website. On December 1, 2021 Cup O Joes.com was purchased by STC Holdings, a sister company to Sutliff Tobacco Company located in Richmond, Va. As an aside, Sutliff was purchased by Mac Baren Tobacco in 2013. Mac Baren is a 4th generation family owned business located in Svendborg, Denmark. Please let me know if you have any questions or need any assistance."

 

[mso489]

Most interesting! So Mac Baren owns Sutliff and Cup O Joes. Big time consolidation here. Thank you for the heads up. Mac Baren makes Amphora blends, for anyone who hasn't noticed. It will be interesting to see how Cup O Joes evolves under Sutliff under Mac Baren.

 

[Ahi Ka]

Most interesting! So Mac Baren owns Sutliff and Cup O Joes. Big time consolidation here. Thank you for the heads up. Mac Baren makes Amphora blends, for anyone who hasn't noticed. It will be interesting to see how Cup O Joes evolves under Sutliff under Mac Baren.

You might be intrigued to know that tobaccopipes was also bought out by Sutliff

 

[oldgeezersmoker]

You might be intrigued to know that tobaccopipes was also bought out by Sutliff

Yes, there is another thread on that acquisition

 

[mso489]

And tobacco pipes too! This is some impressive buying up. It must the the economy of scale, increasing profits by increasing volume of sales -- something like that. The business of pipes and tobacco is interesting.

 

[fireground_piper]

Assumed this means they get the full physical presence too of Queensbury Cigar? It would give them a physical retail presence that TP didn’t have.

 

[oldgeezersmoker]

Assumed this means they get the full physical presence too of Queensbury Cigar? It would give them a physical retail presence that TP didn’t have.

No, Kathy is keeping Queensbury Cigars

 

[greeneyes]

I find this all very worrisome.

 

[Streeper541]

Hmmmmm.... ?

 

[Akousticplyr]

Pipes and Cigars in their crosshairs next…??

 

[mingc]

Pipes and Cigars in their crosshairs next…??

Already owned by Scandinavian Tobacco Group (which is a whole lot bigger than Mac Baren).

 

[cosmicfolklore]

I know that Skip is getting ready to retire the Briary next year. While I hope someone buys it (who is not me), I’m not sure Sutliff would be my first choice. It would ironic on several levels if Laudsi bought it though, and I would love it if they carried a full line of C&D products.

 

[Akousticplyr]

Already owned by Scandinavian Tobacco Group (which is a whole lot bigger than Mac Baren).

Maybe they’ll go for a hostile takeover of STG haha

 

[STP]

Tobacco Pipes sold…? I was wondering why recent purchased items were mailed out of Richmond, VA, and not from their store location in Florida.

 

[dcon]

Tobacco Pipes sold…? I was wondering why recent purchased items were mailed out of Richmond, VA, and not from their store location in Florida.

That is how they now avoid charging FL residents the high FL tobacco tax.

 

[mikestanley]

That is how they now avoid charging FL residents the high FL tobacco tax.

"High" is being kind.

Mike S.

 

[romaso]

I'm surprised Mac Baren/Sutliff bought Cup O Joe's since they recently bought Tobaccopipes.com.
Tobaccopipes.com gives them an internet retailer (to match STG's pipesandcigars.com), so it seems kinda redundant.

 

[MattRVA]

That is how they now avoid charging FL residents the high FL tobacco tax.

Virginia taxes increased with the move.

 

[missionpipe]

No, Kathy is keeping Queensbury Cigars

That's good news. Always like to stop by for a smoke during Americade (If things get back to normal...).

 

[jguss]

I view this on balance as a good thing. A market with multiple strong players is generally better for consumers than a monopoly or duopoly. Having Sutliff, backed by its parent Mac Baren, enter the retail side of the business has the potential to counter the market power of P&C (as said, owned by STG) and SP.

This is a niche market with declining prospects, and small independents will find it tougher and tougher to compete with the big guys as time goes by. Against that background I’d rather have a third strong player emerge by consolidating independents who want to exit the business than simply have them go away.

Three big and financially stable sellers can’t be worse than two, and might well be better.