BIC acquires Djeep lighter manufacturer for €40M

BIC has offered €40 million to acquire 100% of Djeep, a French lighter manufacturer with €14 million in annual revenue. The deal includes potential additional payments based on sales growth and marks BIC's first acquisition in the lighter segment.

“Le groupe coté sur Euronext Paris a offert 40 M€ pour mettre la main sur l’intégralité du capital – un prix auquel pourrait s’ajouter des versements additionnels en fonction de la croissance de ventes de la cible.”capitalfinance.lesechos.fr

• 2 sources
• capitalfinance.lesechos.frBIC débourse 40 M€ pour s’offrir les briquets Djeep - Capital FinanceWilliam SadrinJun 17, 2020
• globenewswire.comBIC : Finalisation de l’acquisition de DjeepSociete BICJul 1, 2020

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