History
The company was founded as the Scandinavian Tobacco Company in 1961.
During the reconstruction of 1990, all cigarettes manufacturing was gathered together in the new independent subsidiary company of House of Prince A/S and all Cigars manufacturing was gathered together in Nobel Cigars A/S – now ST Cigar Group Holding B. V.
In July 2008 the cigarette and snus operations of the company were acquired by British American Tobacco. The company retained its cigar, pipe tobacco, rolling tobacco, and tobacco bits businesses.
In December 2008 the decision was made to change the company’s name to Scandinavian Tobacco Group.
On 26 April 2010 it was announced that the parties had signed an agreement to form a new company by combining all the tobacco business of Scandinavian Tobacco Group AB (STG) with the cigars and pipe tobacco business of Swedish Match AB (SM) (with the ex-ception of its US mass market cigars). After having obtained the required approvals from a number of national competition authorities, the transaction has been completed with effect from 1 October 2010.
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