Habanos S.A.: Difference between revisions
en>Guillaume.brialon (Removed a picture containing non Habanos cigars. Easy to confuse since it exists many brands with the same name as Cuban cigars but made with non-cuban tobacco. See https://www.holts.com/clubhouse/cuban-cigars/montecristo-cigars-history) |
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Revision as of 13:45, 16 December 2022
 | This article contains content that is written like an advertisement. (April 2022) |
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| Type | S.A. |
|---|---|
| ISIN | Script error: No such module "WikidataIB". |
| Industry | Script error: No such module "WikidataIB". |
| Predecessor | Script error: No such module "WikidataIB". |
| Founded | Script error: No such module "WikidataIB". |
| Founder | Script error: No such module "WikidataIB". |
| Defunct | Script error: No such module "WikidataIB". |
| Successor | Script error: No such module "WikidataIB". |
| Headquarters | , |
| Products | Cigars, cigarettes |
| Revenue | Script error: No such module "WikidataIB". |
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| Total assets | Script error: No such module "WikidataIB". |
| Owner | Cubatabaco and Altadis[1] |
Number of employees | Script error: No such module "WikidataIB". |
| Website | habanos.com |
| Footnotes / references Carcinogenicity: IARC group 1 | |
Habanos S.A. is a Cuban manufacturing company of tobacco that controls the promotion, distribution, and export of premium cigars and other tobacco products for Cuba worldwide. It was established in 1994.[2]
Ownership of Habanos S.A. is split equally between state-owned Cubatabaco and privately held Spanish-based tobacco giant Altadis.[2] The company commercialises the brands Cohiba, Montecristo, and Romeo y Julieta, among others.
Overview
The word habanos (not normally capitalised) means literally (something) from Havana, and is the word used in the Spanish-speaking world for Havana cigars and, sometimes, cigars in general. Habanos S.A. owns the trademarks of every brand of Cuban-made cigars and cigarettes in the countries they are exported to[3] and franchises the La Casa Del Habano chain of cigar stores.[2] To control distribution and protect against counterfeiting, Habanos S.A. exports to only one company in each country (Hunters & Frankau for Great Britain and Gibraltar, 5th Avenue Cigars for Germany, Intertabak for Switzerland, Pacific Cigar Co. for most of the Pacific Rim, etc.). The only nation to which Habanos S.A. doesn't sell cigars is the United States, which has had a trade embargo against Cuba since 1962.
In 2000, the Franco-Spanish tobacco giant Altadis purchased 50% of Habanos S.A. There has been speculation that their influence has led to Habanos' drastic restructuring of their cigar lines and size offerings, the adoption of marketing practices and production methods more in-line with cigar companies that market in the US, and the increasing number of "special release" and "limited edition" lines of cigars.Template:Fix/category[citation needed] It has also been suggested that Altadis might be ramping Habanos up ready to trade with the US, anticipating the end of the embargo.Template:Fix/category[citation needed] On the other hand, some observers have noted a restoration of Cuban cigar quality, which had declined dramatically in the 1990s after the fall of the Soviet Union.[4] Altadis was acquired by Imperial Tobacco in February 2008.
In May 2019, Imperial Tobacco announced their intention to sell their premium cigar division, including their share in Habanos S.A.[1][5][6] One year later, Imperial Brands announced the sale of Habanos S.A. through two different transactions for a total of €1,225 million. The first operation include the selling of the U.S.-based business, "Premium Cigar USA" to Gemstone Investment Holding Ltd., while in the second operation, Allied Cigar Corp. will acquire Imperial Brands' cigar business in the rest of the world, "Premium Cigar RoW".[1][7]
See also
References
- ↑ 1.0 1.1 1.2 Imperial Brands vende su negocio de cigarros by Ingrid Rojas on Lex Latin, 30 Jun 2020
- ↑ 2.0 2.1 2.2 Morales, Emilio; Scarpaci, Joseph L. (2011). Marketing without Advertising: Brand Preference and Consumer Choice in Cuba. Routledge. ISBN 9781136481024.
- ↑ Speranza, Matteo (2016). The Cuban Cigar Handbook: The Discerning Aficionado's Guide to the Best Cuban Cigars in the World. Simon and Schuster. p. 73. ISBN 9781604336207.
- ↑ Inc, M. Shanken Communications. "A Message for America". Cigar Aficionado.
- ↑ "Imperial Brands exiting the cigar industry". May 1, 2019.
- ↑ "Altadis to be delisted Feb 25 - bourse" (PDF). Imperial Tobacco. 22 February 2008. Archived from the original (PDF) on November 5, 2015. Retrieved 26 February 2008.
- ↑ Imperial Brands vende negocio de puros on Europa Press, 27 May 2020
External links
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- Articles with short description
- Articles with a promotional tone from April 2022
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- All articles with a promotional tone
- Articles containing Spanish-language text
- Commons category link is defined as the pagename
- Habanos S.A. brands
- Tobacco companies of Cuba
- Cuban brands
- Imperial Brands
- Companies established in 1994