Cigar Industry Consolidation
Luxury cigar brand Davidoff (Oettinger Davidoff Group) has officialy taken over Camacho Cigars as of October 13th, 2008. The full terms of the deal have not been released to the public.
The company was owned by the Eiroas family who also mainted 9 other cigar brands; Baccarat was one of the more popular brands that Davidoff would acquire.
Davidoff has expressed intrest in keeping the Camacho brand as is – for now. Eiroa will remain as president of the brand, and while the tobacco farms were not part of the deal there was a supply agreement in the terms.
Cigar Consolidation Continues…
It appears as if the online cigar community has come under consoldiation because of an individual named John Caputo.
John Caputo has recently purcahsed CigarLive.com, ClubStogie.com, Cigar-Review.com and Top25cigar.com. The plan is to consolidate these communities under one umbrella that will be known as Puff.com.
In postings (on all the forums) started by John Caputo he states the goal is to create the “largest cigar social site on the planet it will enable us to do things that apart would not be achievable.” Even more interesting was his idea to start a “cigar advocacy group whose voice can be heard and respected“.
While an advocacy group is great and always needed to us, cigar smokers, there is an uneasy bit of tension throughout all the original members of the forums. Not knowing what will truly come about and the feeling of a “family” being broken apart has caused lots of negative comments and concern.
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