BIC: Djeep’s acquisition completed
01 Juli 2020 - 5:45PM
BIC: Djeep’s acquisition completed
FOR IMMEDIATE RELEASE
Djeep’s acquisition
completed
Clichy, France - 01 JULY 2020 - BIC announces
today that it has completed the acquisition of Djeep for 40 million
euros, and a deferred consideration based on Djeep future sales
growth.
Founded in 1973, Djeep is one of the main manufacturers of
quality lighters and operates in Brittany, France. It achieved 14
million euros in Net Sales in 2019, mostly in Europe. Djeep also
distributes its products in the U.S., Latin America, Middle East,
Africa, and Asia.
This acquisition aims at strengthening BIC's position in the
pocket lighters market and offers substantial growth opportunities
in Europe and North America.
See 16-JUN-2020 Press Release
ABOUT BIC
BIC is a world leader in stationery, lighters, and shavers. For
more than 75 years, the Company has honored the tradition of
providing high-quality, affordable products to consumers
everywhere. Through this unwavering dedication, BIC has become one
of the most recognized brands and is a trademark registered
worldwide. Today, BIC products are sold in more than 160 countries
around the world and feature iconic brands such as Cello®, Conté®,
BIC FlexTM, Lucky Stationery, Made For YOUTM, Soleil®, Tipp-Ex®,
Wite-Out® and more. In 2019, BIC Net Sales were 1,949.4 million
euros. The Company is listed on "Euronext Paris," is part of the
SBF120 and CAC Mid 60 indexes and is recognized for its commitment
to sustainable development and education. It received an A-
Leadership score from CDP. For more, visit www.bicworld.com or
follow us on LinkedIn, Instagram, Twitter, or YouTube.
CONTACTS
Sophie Palliez-Capian – VP, Corporate Stakeholder
Engagement |
Investor Relations Contact: |
Press Contacts |
Sophie Palliez-Capian + 33 6 87 89 33 51
sophie.palliez@bicworld.com |
Albane
de La Tour d’Artaise + 33 7 85 88 19 48
Albane.DeLaTourDArtaise@bicworld.com |
|
Isabelle de Segonzac : + 33 6 89 87 61 39 isegonzac@image7.fr |
2020 AGENDA – ALL DATES TO BE CONFIRMED
First Half 2020 results |
July 29th, 2020 |
Conference call and Webcast |
Third Quarter 2020 results |
October 28th, 2020 |
Conference call and Webcast |
Full Year 2020 results |
February 17th, 2021 |
Meeting and webcast |
- BIC_Djeep Acquisition_Closing_01JUL20
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