Swedish Match joins new cigar venture

(Times-Dispatch) Richmond-based tobacco company Swedish Match International is joining with a Central American-based cigar tobacco company in a new venture.
Swedish Match AB, the local company's Sweden based parent-company, said yesterday it has signed an agreement with Plasencia Group, one of the world's largest producers of premium cigar tobacco, to form a new tobacco growing and procurement operation named Caribbean Cigar Holdings.
... Swedish Match International manufactures and markets both premium and mass-market cigars primarily for the US market and machine-made cigars for the European and the International market. Its cigar brands include Macanudo, Partagas and Cohiba. Continued

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