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BIC

#3765

Rank

$2.68B

Marketcap

FR France

Country

BIC
Leadership team

Mr. Gonzalve Bich (CEO & Director)

Mr. Chad J. Spooner (Chief Financial Officer)

Mr. Charles Morgan (Chief Admin. Officer)

Products/ Services
Consumer Goods
Number of Employees
1,000 - 20,000
Headquarters
Clichy, Ile-de-France, France
Established
1945
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
BB.PA
Social Media
Overview
Location
Summary
Société BIC SA manufactures and sells stationery, lighter, shaver, and other products worldwide. It offers ball and coloring felt pens, markers, sticky notes, leads, whiteboards, and correction tapes, as well as graphite, coloring, mechanical, and other pencils; reusable notebooks, smart pens, erasers, crayons, art and craft kits, refillable shavers, razors shave cream, body and face lotions, finger painting products, and watercolors; permanent, single, metallic, and temporary tattoo markers; gel ink, roller, and fineliner pens; and ball and gel pen, color, and mechanical refills. The company also provides pocket, utility, decorated, non-decorated classic, electronic, and multipurpose lighters. In addition, it sells pantyhoses, batteries, and shaving preps; and advertising and promotional products. Further, the company is involved in the provision of delivery services; production of industrial equipment; and manufacture and distribution of IT solutions and consumer products, as well as in real estate and insurance activities. It markets its products primarily under the BIC, BIC Kids, Cello, Lucky, RocketBook, Tipp-Ex, BIC Wite-Out, DJEEP, BIC Soleil, Us, MADE FOR YOU, BIC Evolution, and BodyMark brands through a range of channels, including retail mass-market distributors, traditional stores, and office product stationers, as well as an e-commerce site. The company was founded in 1944 and is headquartered in Clichy, France.
History

In 1942, Marcel Bich and his partner, Édouard Buffard, set up a business creating writing instrument parts in a factory in the Paris suburb of Clichy, where they began production of pen holders and pencil cases. Marcel Bich bought the patent for the ballpoint pen from Hungarian inventor László Bíró, and using Swiss watchmaking tools, he devised a manufacturing process that produced stainless-steel balls for the tip of the pen. Bich soon perfected the design of the ballpoint pen, and the Bic Cristal ballpoint pen became the company's first product in 1950.

Bich formed Société Bic in 1953, and the company was listed on the Paris Stock Exchange in 1972. The design of the pen has remained mostly unchanged since its initial launch, and as of 2021, remains the best-selling pen in the world.

Global expansion

Between 1950 and the 1970s, Bic expanded globally into Italy, the Netherlands, Austria, Switzerland, and Spain. In 1958, the takeover of the American company "Waterman Pen Company" allowed Bic to establish itself in the United States.In December 2015, Bic acquired 100 percent ownership in Cello Writing, India, and the company was renamed as "Bic Cello ". Cello was founded in 1995 and, as of December 2015, is India's largest manufacturer and distributor of writing instruments. In 2019 Bic inaugurated a new facility located in Nairobi, Kenya, which serves the East Africa region. As of May 2021, Bic has over 25 factories around the world. Bic's global headquarters remains in Clichy, outside of Paris, France. Its U.S. headquarters are in Shelton, Connecticut.

Mission
Our mission is to offer high-quality, affordable products that make everyday life simpler and more enjoyable.
Vision
Our vision is to be the world's leading company in writing instruments, lighters and shavers that give more time for what matters most.
Key Team

Ms. Sophie Palliez (VP of Corp. Stakeholder Engagement)

Mr. Peter Dalsberg (Group Supply Chain Officer)

Ms. Mallory Martino (Chief HR Officer)

Ms. Sara A. LaPorta (Chief Strategy & Bus. Devel. Officer)

Mr. Thomas Brette (Group Partnerships & New Bus. Officer)

Mr. Chester Twigg (Group Commercial Officer)

Ms. Elizabeth Maul (Group Insights, Innovation & Sustainability Officer)

Recognition and Awards
BIC has received several awards for its products. In 2019, BIC was named for the 27th time as the No.1 Global Stationery Brand 2019-2020 by Interbrand and was recognized by Euromonitor International as the Global Writing Instruments Retail Value Sales Leader for 2018. BIC also received many awards in 2020, including the Green Good Design Award and the Good Design of The Year Award, both for its BIC® Cristal® pens.
References

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BIC
Leadership team

Mr. Gonzalve Bich (CEO & Director)

Mr. Chad J. Spooner (Chief Financial Officer)

Mr. Charles Morgan (Chief Admin. Officer)

Products/ Services
Consumer Goods
Number of Employees
1,000 - 20,000
Headquarters
Clichy, Ile-de-France, France
Established
1945
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
BB.PA
Social Media