CigarMedia Discussion > Bob's anti-consolidation rant
I think you make some very valid points. I tend to think of the companies that are the opposite of those you mention and that influenced my answer. Although I am wary of consolidation in the cigar industry, the joint venture between Plascencia and Swedish Match is not an example of the phenomenon.
You also make a good point about Swedish Match taking advantage of Nestor Plascencia's wealth of knowledge and experience. It is important to remember this is a new joint venture between the two involving only tobacco. Thank you for pointing out the flaws in my argument and I look forward to adding your comments to the show.
March 29, 2010 |
Bob
Bob
Bob,
During this week's show, in the discussion about Swedish Match's deal with Placensia, you asked for some examples of big companies/industry dominating companies who were still innovative and provide good value for their customers. Here are just a couple that come to mind in about 2 minutes of thinking about it:
Boeing airplanes
GE aircraft engines
Steinway Pianos
I'm sure I can come up with about 15 or 20 more if I put my mind to it. Anyway, I usually enjoy your shoot-from-the-hip style of commentary, but I think you're way off on this one. It's not even close to BS to think that Nestor Placensia would provide valuable expertise to even the most knowledgeable group of cigar people. Why wouldn't Swedish Match want him on board?