BIC: HACO Industries Kenya Closing BIC Group - Press

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2022
89
BIC: HACO Industries Kenya Closing

BIC Group - Press Release Clichy - 02 January 2019

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 31 st October 2018.

As announced on 31 st 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 sophie.palliez@bicworld.com Albane de La Tour d'Artaise Albane.DeLaTourD'Artaise@bicworld.com
Michèle Ventura michele.ventura@bicworld.com Isabelle de Segonzac: +33 1 53 70 74 70 isegonzac@image7.fr

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.

Attachment

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Cathy Lewenberg Steps In as Bevi's New CEO for Growth

Updated Category News Views 411

Bevi, the frontrunner in designing Smart Water Coolers for commercial spaces, appointed Cathy Lewenberg as CEO back in 2024. With her proven track record as the former CEO of Drizly, a major player in North America's alcohol e-commerce scene, she was set to take Bevi through a critical growth phase. The expectation? To leverage her deep roots in the food and beverage...

Continue Reading
Discover Innovations in Technology on Advancements TV Series

Updated Category News Views 206

Catch the Latest Episode of Advancements on Bloomberg Tune in to Bloomberg for an engaging episode of Advancements with Ted Danson, where technology is at the forefront of industry transformation. Exploring the Hydrogen Economy In the upcoming episode, audiences will learn about the significant efforts of the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES)...

Continue Reading
Interactive Brokers Reports Earnings: Stock Takes 4% Hit

Updated Category News Views 89

Interactive Brokers Q3 Earnings Overview Interactive Brokers Group, Inc. (NASDAQ: IBKR) recently announced its third-quarter earnings report, showcasing a mixed performance that led to a notable decline in its stock price. After the earnings were made public, shares dropped nearly 4% during the after-hours trading session. This reaction highlights the market's sensitivity...

Continue Reading
United Bancshares, Inc. Reports Strong Q4 2025 Financial Growth

Updated Category News Views 101

Highlights of United Bancshares, Inc.'s Fourth Quarter 2025 United Bancshares, Inc. (OTCQX: UBOH), the parent holding company for The Union Bank Company, is excited to share the remarkable financial results for the fourth quarter of 2025. The company has declared a noteworthy quarterly cash dividend of $0.24 per share, showcasing a commitment to delivering value to its...

Continue Reading
Taro Pharmaceutical Faces Lawsuit: Investors Take Action Now

Updated Category News Views 66

Class Action Lawsuit Against Taro Pharmaceutical Industries Ltd. Investors in Taro Pharmaceutical Industries Ltd. find themselves at a pivotal moment as a class action lawsuit has been filed against the company. This lawsuit stems from alleged breaches of federal securities laws related to recent developments involving Taro, which trades under the ticker symbol TARO....

Continue Reading