BIC: Closing of Inkbox acquisition
February 01 2022 - 11:50AM
BIC: Closing of Inkbox acquisition
Closing of Inkbox
acquisition
Clichy, France – February
1st, 2022
‐ BIC announces today that is has completed the
acquisition of Inkbox Ink Incorporated for 65 million USD (57
million euros1), and a deferred consideration based on Inkbox’s
future sales and profitability growth. The company’s financial
results will be consolidated from 01 February 2022.
Created in 2015 by Tyler and Braden Handley, Inkbox doubled its
size over the last two years and reached 27 million USD (24 million
euros) sales in 2021. Shipping hundreds of thousands of tattoos a
week to more than 80 countries, with 67% of sales in North America,
Inkbox had a Gross Profit margin exceeding 60% in 2021, and
management expects to be EBITDA positive in 2024.
# #
ABOUT BICA 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® 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 http://www.bic.com/ or follow us on LinkedIn, Instagram,
Twitter, or YouTube.
Contacts
Sophie
Palliez-Capian VP, Corporate Stakeholder Engagement +33 1
45 19 55 28 + 33 87 89
3351 Sophie.palliez@bicworld.com |
Albane de La Tour
d’Artaise Senior Manager, Institutional Press
Relations + 33 1 45 19 51 51 + 33 7 85 88 19
48 Albane.DeLaTourDArtaise@bicworld.com |
Michèle
Ventura Senior Manager, Investor Relations + 33 1 45
19 52 98 Michele.ventura@bicworld.com |
Isabelle de
SegonzacImage 7 + 33 6 89 87 61
39 isegonzac@image7.fr |
2021/2022 AGENDAALL DATES TO BE CONFIRMED
FY 2021 Results |
February 15, 2022 |
1st Quarter 2022 Results |
April 26, 2022 |
2022 Annual General
Meeting |
18 May, 2022 |
1st Half 2022
Results |
August 2, 2022 |
3rd Quarter 2022
Results |
October 27, 2022 |
1 14 January 2022 ECB EURO/USD rate: 1.1447
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