I received this in my email today:
Dear Partner,
We are happy to inform you that Scandinavian Tobacco Group (STG) has completed the acquisition of Mac Baren Tobacco Company (MBTC) as of July 1st, 2024.
We are excited about this acquisition as the combined business of STG and MBTC will drive a world leading pipe tobacco portfolio and a strong FineCut position in especially Scandinavia, Germany, and selected export markets. On top we add the nicotine pouch brands Ace and Gritt from Ministry of Snus to the STG portfolio of XQS, Ström and !act.Combine this with STG’ leading global position in cigars and we have a strong cross category portfolio that will allow us to serve not only our consumers an attractive range of cigars, pipe tobacco, FineCut and nicotine pouches but also serve you as our customer. We look forward to building a stronger partnership delivering more value to you as a customer in the future.