Oettinger Davidoff Group Completes Generational Ownership Transition
Oettinger Davidoff Group has announced a major change in its ownership structure. The family-owned cigar group has formally transferred full share capital to the next generation.
Ownership Moves to the Next Generation
Oettinger Davidoff Group confirmed that ownership now rests entirely with the direct descendants of the founding family. The transition marks a generational handover rather than a sale or restructuring.
The daughters of late founder Dr Ernst Schneider, Lilian Schaffner-Schneider and Christine Ryhiner-Schneider, initiated the transfer. Their decision secures long-term family control.
The move reinforces commitment to the company’s employees and heritage. It also reaffirms the group’s ties to Basel, where its global headquarters remain.
Leadership and Governance Remain Stable
The ownership change does not affect day-to-day management. Oettinger Davidoff’s leadership team remains unchanged.
The owner families will continue to hold two of six seats on the Board of Directors. This structure maintains continuity while allowing the next generation to take responsibility.
Chairman Comments on the Transition
Domenico Scala, Chairman of the Board, described the handover as a milestone. He called it a defining moment in the company’s 150-year history.
Scala stressed continuity of values. He highlighted legacy, passion, and entrepreneurial spirit as guiding principles. He also underlined the intention to keep Oettinger Davidoff independent and family-owned.
The next generation already works closely with the organisation. According to Scala, they remain committed to strengthening the group’s leadership in handmade premium cigars.
Celebrating 150 Years of Heritage
Oettinger Davidoff celebrated its 150th anniversary in 2025. The company marked the milestone at its Basel headquarters.
Festivities included three public open-house days. The programme also featured a large celebration for Swiss employees and invited guests. The events reflected the group’s history and its focus on innovation.
The anniversary reinforced the brand’s long-term outlook. It also underscored confidence in family ownership as a stabilising force.
A Global Premium Cigar Business
Founded in 1875, Oettinger Davidoff remains family-owned. The group employs nearly 4,000 people worldwide and generates sales exceeding half a billion Swiss francs.
Its premium cigar portfolio includes Davidoff, AVO, Camacho, Cusano, The Griffin’s, Private Stock, Zino, and Zino Platinum. The group also acts as an exclusive agent for several brands in multiple markets.
Operations follow a “crop to shop” philosophy. Vertical integration spans tobacco fields in the Dominican Republic and Honduras to a global retail network. That network includes 65 Davidoff flagship stores and appointed merchants in more than 130 countries.
