Standard Diversified Inc. operated as a diversified holding company. Its primary business strategy was to acquire and manage controlling or significant minority interests in a variety of businesses. Historically, its main assets included a majority equity interest in Turning Point Brands, Inc. (NYSE: TPB), a manufacturer, marketer, and distributor of branded consumer products including other tobacco products and smokeless vapor products. It also held interests in the insurance industry through Maidstone Insurance Company. In July 2020, Standard Diversified completed a merger with Turning Point Brands and ceased to exist as a separate, independent entity.

Founded in

United States