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Article: The Oettinger Davidoff Group Completes Strategic Acquisition Adding Another Cigar Producer in the USA by Purchasing Cusano Cigars.
- Article from:
- Mergers & Acquisitions Week
- Article date:
- July 8, 2009
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The Oettinger Davidoff Group, headquartered in Basel (Switzerland), has acquired from the Chiusano Family the Bradenton, FL based company Cusano Cigars, operated by DomRey Cigar, Inc. The acquisition of Cusano Cigars allows the Oettinger Davidoff Group to tap a new source of revenue in the USA, the largest market for premium cigars in the world, in which around half of all the world's hand-made cigars are sold.
Cusano Cigars is the second American company to join the Oettinger Davidoff Group within a matter of months, thereby further extending the group's presence in the USA. Cusano Cigars markets its Dominican Republic produced cigars with great success in the ...