BIC_PIMACO Closing_26FEB21
26 Februar 2021 - 5:40PM
BIC_PIMACO Closing_26FEB21
cs
BIC completes the divestiture of
PIMACO
Clichy, France– 26 February 2021 –BIC announced
today that it has completed the divestiture of its Brazilian
adhesive label business, PIMACO, to Grupo CCRR for 40 million
Brazilian Real (approximately 6.0 million euros1).
The transaction was approved by the Brazilian antitrust
authorities.
This divestiture is consistent with BIC’s portfolio rotation
strategy and its focus on fast-growing consumer businesses such as
Creative Expression and Digital Writing.
# #
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 Cello®, BIC FlexTM, Lucky
Stationery, Us.TM, Soleil®, Tipp-Ex®, Wite-Out® and more. In 2020,
BIC Net Sales were 1,627.9 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 about.bic.com or follow us on LinkedIn, Instagram, Twitter,
or YouTube.
CONTACTS
Sophie Palliez-Capian – VP, Corporate Stakeholder
Engagement |
Investor Relations: |
Media: |
Sophie Palliez-Capian + 33 6 87 89 33
51sophie.palliez@bicworld.com Michele Ventura +33 1 45 19 52
98michele.ventura@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 |
2021 AGENDA
ALL DATES TO BE CONFIRMED Please click on the date to add the
event to your calendar
1st Quarter 2021 Results |
·April 28,
2021 |
2021 AGM |
·May 19,
2021 |
First Half 2021 Results |
·July 29,
2021 |
3rd Quarter 2021 Results |
· October 28,
2021 |
1 25 February 2021 ECB BRL/Euro rate: 6.6663
- BIC_PIMACO Closing_26FEB21
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