Swedish Match acquires premium cigar company in the US
Swedish Match acquires premium cigar company in the U.S. Swedish Match has entered into a definitive agreement to acquire El Credito Cigars, based in Miami, Florida, which produces premium handmade cigars principally for the U.S. market. The company's largest and most well-known brand is La Gloria Cubana, one of the most exclusive cigars sold in the U.S. The company's other brands include "El Credito", "El Rico Habano" and "La Hoya Selecta". The purchase includes production units in the Dominican Republic and Miami, Florida, with a total of 350 employees. El Credito's annual sales during