BIC: Closing of AMI (Advanced Magnetic Interaction) acquisition
06 September 2022 - 8:30AM
BIC: Closing of AMI (Advanced Magnetic Interaction) acquisition
Clichy – France – 06 September 2022
Closing of AMI (Advanced
Magnetic Interaction) acquisition
Clichy, France – September
06, 2022 ‐ BIC announces today
that it has completed the acquisition of AMI (Advanced Magnetic
Interaction). The company’s financial results will be consolidated
from Q3 2022.
Created in 2014 by Jean-Luc Vallejo, Tristan Hautson, and
Timothée Jobert, AMI uniquely leverages magnetometric technology to
enable highly accurate, real-time position tracking without the
need for embedded electronics in devices, addressing the increasing
consumer need for user-friendly, sustainable, and secure digital
accessories.
This acquisition strengthens BIC's R&D capabilities in
Digital Expression, one of the pillars of BIC's Horizon strategic
plan, and will accelerate the deployment of AMI's patented
technology, notably through B2B activity in Digital Creative and
Consumer Electronics applications.
# #
CONTACTS
Sophie
Palliez-CapianVP, Corporate Stakeholder Engagement+33 1 45 19 55
28+ 33 6 87 89 33 51Sophie.palliez@bicworld.com Michèle
VenturaSenior Manager, Investor Relations+ 33 1 45 19 52
98Michele.ventura@bicworld.com |
Albane de La Tour
d’Artaise Senior Manager, Institutional Press Relations+ 33 1 45 19
51 51+ 33 7 85 88 19 48Albane.DeLaTourDArtaise@bicworld.com
Romain GrièreImage 7+ 33 7 86 53 17 29rgrière@image7.fr |
ABOUT BIC
A world leader in stationery, lighters and shavers, BIC brings
simplicity and joy to everyday Life. For more than 75 years, the
Company has honored the tradition of providing high-quality,
affordable, essential 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 BIC Kids™, BIC FlexTM, BodyMark
by BICTM, Cello®, Djeep, Lucky Stationery, Rocketbook, Soleil®,
Tipp-Ex®, Us. TM, Wite-Out®, Inkbox and more. In 2021, BIC Net
Sales were 1,831.9 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.bic.com or follow us on LinkedIn, Instagram, Twitter, or
YouTube.
Find more about BIC's
Horizon Plan in our Investor Insights Newsletters, and dig further
into our Raw Materials, Flame For Life strategy, Skin Creative
business, and Distribution Networks.
2022/2023 AGENDA - ALL DATES
TO BE CONFIRMED
3rd Quarter 2022
Results |
October 27, 2022 |
4th Quarter and Full-Year
2022 Results |
February 14, 2023 |
1st Quarter 2023
Results |
April 25, 2023 |
This document contains forward-looking statements. Although BIC
believes its expectations are based on reasonable assumptions,
these statements are subject to many risks and uncertainties. A
description of the risks borne by BIC appears in the section,
"Risks Management" in BIC's 2021 Universal Registration Document
filed with the French financial markets authority (AMF) on March
25, 2022.
- BIC_Acquisition of AMI_Closing_SEPT22
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