Skip to content
Search
AI Powered
Latest Stories

Scandinavian Tobacco Group acquires Mac Baren Tobacco Company  

Scandinavian Tobacco Group acquires Mac Baren Tobacco Company  
Mac Baren Tobacco Company headquarters in Svendborg, Denmark

Scandinavian Tobacco Group said Thursday it has agreed a deal to acquire Danish firm Mac Baren Tobacco Company from Halberg for DKK 535 million (£60.67m).

A family-owned business founded in 1826, Mac Baren’s portfolio includes pipe tobacco brands such as Mac Baren, Amphora and Holger Danske as well as fine-cut tobacco brands like Amsterdamer, Choice and Opal. The company also produces and sells nicotine pouches with the brands Ace and Gritt.


Mac Baren’s products are sold in 74 countries with the majority of net sales generated in the US, Denmark and Germany. Other key markets include the UK, France, Spain and Italy.

The company is based in Svendborg, Denmark with production facilities in Denmark and in Richmond, Virginia in the US. The company has approximately 200 full-time employees.

“I am very pleased that we have taken this important step to strengthen our smoking tobacco business with the acquisition of Mac Baren,” Niels Frederiksen, chief executive of Scandinavian Tobacco Group, said.

“The acquisition will contribute to our already well-established position on the global market for pipe tobacco and will expand our attractive range of brands of the highest standards to our consumers. The combination with our existing business is expected to deliver meaningful synergies when fully integrated and good value for our shareholders.”

Torben Sørensen, chairman of the board of Halberg, said: “Scandinavian Tobacco Group is acquiring a strong company with a lot of know-how, loved brands and skilled employees. Since its inception in 1826, a central part of Mac Baren's DNA has been its focus on new opportunities and ensuring optimal competitiveness. In light of this, it is timely prudence to now let the company become part of a stronger constellation. It is a particular pleasure that ownership has been retained in Danish hands. This is the best possible solution for both Mac Baren and Halberg.”

Mac Baren’s reported annual net sales in its 2024 fiscal were DKK 723 million with a reported EBITDA of DKK 85 million. Nicotine pouches accounted for close to 20 per cent of net sales with a small negative contribution to EBITDA.

More for you

Senedd passes HFSS food display rules in Wales for 2025

Senedd passes new rules on HFSS foods promotion

Photo: iStock

Senedd passes new HFSS rules

New rules about how and where foods high in fat, salt and sugar (HFSS) can be promoted and displayed in larger shops and online have been passed by the Senedd.

The regulations are designed to prevent impulse purchases and over-consumption and expected to help to tackle the growing problem of obesity in Wales.

Keep ReadingShow less
Victoria Lockie, Unitas Wholesale retail director, speaking at an industry event.

Victoria Lockie leaves Unitas for a new adventure.

Unitas

Victoria Lockie to leave Unitas

Unitas Wholesale retail director and executive board member Victoria Lockie is to leave the business in April as she looks to take on a new challenge, the buying group confirmed to Asian Trader today (27).

Lockie joined the business in September 2024.

Keep ReadingShow less
Brian Eagle Brown with new ShopMate 360 EPoS solution

Brian Eagle Brown with new ShopMate 360 EPoS solution

ShopMate unveils new EPoS solution for convenience retailers

ShopMate has introduced ShopMate 360, a “streamlined and affordable” EPoS system designed for convenience retailers.

ShopMate said the new solution ihas been developed with small retailers in mind, offering an easy-to-use till interface that requires minimal training. With an intuitive design, even those new to retail technology can quickly get up to speed, ensuring smooth daily operations.

Keep ReadingShow less