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Société Bic — M&A Activity 2019
Jan 2, 2019
1147_iss_2019-01-02_0b2a4796-934a-49f0-8f31-fc41aca5c8a0.pdf
M&A Activity
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TRANSFER OF HACO INDUSTRIES KENYA STATIONERY MANUFACTURING AND DISTRIBUTION TO BIC COMPLETED
BIC announces today it has completed the transfer of Haco Industries Kenya Ltd manufacturing facilities in Kenya and distribution of Stationery, Lighters, and Shavers in East Africa to BIC. The transaction was unconditionally approved by the Competition Authority of Kenya on 31st October 2018.
As announced on 31st August 2018, this acquisition is in line with BIC's continued growth strategy in Africa, one of the most promising markets for BIC products in the world.
CONTACTS
| Investor Relations: +33 1 45 19 52 00 | Press Contacts |
|---|---|
| Sophie Palliez‐Capian [email protected] |
Albane de La Tour d'Artaise Albane.DeLaTourD'[email protected] |
| Michèle Ventura [email protected] |
Isabelle de Segonzac: +33 1 53 70 74 70 [email protected] |
For more information, please consult the corporate website: www.bicworld.com
2019 AGENDA (ALL DATES TO BE CONFIRMED)
| Full Year 2018 results | 13 February 2019 | Meeting – BIC Headquarters |
|---|---|---|
| First Quarter 2019 results | 25 April 2019 | Conference call |
| 2019 AGM | 22 May 2019 | Meeting – BIC Headquarters |
ABOUT BIC
BIC is a world leader in stationery, lighters and shavers. For more than 70 years, BIC 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 for identifying BIC products which are sold in more than 160 countries around the world. In 2017, BIC Net Sales were 2,041.4 million euros. The Company is listed on "Euronext Paris" and is part of the SBF120 and CAC Mid 60 indexes. BIC is also part of the following Socially Responsible Investment indexes: CDP's "Leadership Level" (A‐) and "Leadership Level" for the additional "Supplier" module, Euronext Vigeo – Eurozone 120, Euronext Vigeo – Europe 120, FTSE4Good indexes, Ethibel Pioneer and Ethibel Excellence Investment Registers, Ethibel Sustainability Index (ESI) Excellence Europe, Stoxx Global ESG Leaders Index.