M&A Deal Summary

Societe BIC Acquires Djeep

On June 16, 2020, Societe BIC acquired consumer products company Djeep for 40M EUR

Acquisition Highlights
  • This is Societe BIC’s 1st transaction in the Consumer Products sector.
  • This is Societe BIC’s largest (disclosed) transaction.
  • This is Societe BIC’s 1st transaction in France.

M&A Deal Summary
Date 2020-06-16
Target Djeep
Sector Consumer Products
Buyer(s) Societe BIC
Deal Type Add-on Acquisition
Deal Value 40M EUR

Target

Djeep

Paris, France
website
Founded in 1973, Djeep is a manufacturer of quality lighters and operates in Brittany, France. Djeep also distributes its products in the U.S., Latin America, Middle East, Africa, and Asia. It has become a key supplier to the decorated lighters market segment thanks to its large tank shape.

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Buyer(S) 1

Buyer

Societe BIC

Clichy, France

website

Category Company
Founded 1944
Sector Consumer Products
Employees11,246
Revenue 2.2B EUR (2022)
DESCRIPTION
Bic product display at a Walgreens pharmacy in Duluth, Minnesota.
Bic product display at a Walgreens pharmacy in Duluth, Minnesota.

Societe BIC is a manufacturer of office supplies, stationery, lighters and razors. Societe BIC was founded in 1944 and is based in Clichy, France.

DEAL STATS #
Overall 1 of 2
Sector (Consumer Products) 1 of 2
Type (Add-on Acquisition) 1 of 2
Country (France) 1 of 1
Year (2020) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-02 BIC Sport

West Wareham, Massachusetts, United States

BIC Sport is a provider of include surfing, kayaking, junior racing dinghies and stand up paddleboarding products. BIC Sport is based in West Wareham, Massachusetts.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-09 Rocketbook

Boston, Massachusetts, United States

Rocketbook is a smart and reusable notebook brand that creates reusable, cloud-connected note-taking products from the future. Rocketbook was formed in 2014 and is based in Boston, Massachusetts.

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