BIC - 2019 Universal Registration Document
GROUP PRESENTATION, PERSPECTIVES, AND STRATEGY
History
December: BIC announces the transfer of Haco Industries ● Kenya Ltd. manufacturing facilities in Kenya and distribution of Stationery, Lighters, and Shavers in East Africa to BIC. December: BIC completes the divestiture of BIC Sport, its ● water sports subsidiary, to Tahe Outdoors. Consequently, BIC discontinues its writing instrument manufacturing activities located at the Vannes’ industrial site and transfers its current production activities to the BIC Écriture 2000-Marne la Vallée (France) and BIC Bizerte (Tunisia) sites. 2019 January: BIC’s Indian subsidiary BIC Cello, inaugurates the ● new writing instrument facility in Vapi (Gujarat state). March: BIC inaugurates its East Africa Facility in Kasarani, ● Nairobi. This new venture comes as BIC transferred its manufacturing activities in Kenya and distribution in the East African region from Haco Industries Kenya Ltd. at the end of 2018.
July: SOCIÉTÉ BIC files a complaint with the European ● Ombudsman claiming maladministration by the European Commission of the infringement procedure initiated in 2010 against the Netherlands due to their lack of actions to impose lighter safety standards compliance. SOCIÉTÉ BIC notably pointed out the unreasonable delay in processing the file by the European Commission. October: BIC completes the acquisition of Lucky Stationery in ● Nigeria (LSNL). This acquisition is consistent with BIC’s continued growth strategy in Africa.
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• BIC GROUP - 2019 UNIVERSAL REGISTRATION DOCUMENT •
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