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Société BIC
Industry & manufacturing / Stationery, lighters, and shavers
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Overview
Société BIC is a French company that specializes in consumer goods, with a focus on stationary and lighters. It was founded in 1945 by Marcel Bich, who simplified the spelling of his own name to create the company's iconic brand name, BIC.
The company's headquarters are located in Clichy, France, and it operates in over 160 countries worldwide. BIC is known for its affordable, high-quality products, and its brand is recognized by 9 out of 10 people globally.
The company has three main business divisions: Stationery, Lighters, and Shavers. Its stationery division offers a variety of writing instruments, including ballpoint pens, mechanical pencils, and markers, as well as products for correction, coloring, and drawing.
BIC's lighter division is the world leader in producing and distributing lighters, with over four million units sold every day. The company also has a strong presence in the shaver market, with its line of disposable and refillable razors.
In addition to its core products, BIC also offers a range of other products, including glue sticks, razors for women, and sporting goods.
BIC has a strong commitment to sustainability and social responsibility, and its products are manufactured in accordance with the company's strict environmental standards.
Overall, Société BIC is a global company known for its affordable, reliable, and innovative products, and its enduring brand image.
The company's headquarters are located in Clichy, France, and it operates in over 160 countries worldwide. BIC is known for its affordable, high-quality products, and its brand is recognized by 9 out of 10 people globally.
The company has three main business divisions: Stationery, Lighters, and Shavers. Its stationery division offers a variety of writing instruments, including ballpoint pens, mechanical pencils, and markers, as well as products for correction, coloring, and drawing.
BIC's lighter division is the world leader in producing and distributing lighters, with over four million units sold every day. The company also has a strong presence in the shaver market, with its line of disposable and refillable razors.
In addition to its core products, BIC also offers a range of other products, including glue sticks, razors for women, and sporting goods.
BIC has a strong commitment to sustainability and social responsibility, and its products are manufactured in accordance with the company's strict environmental standards.
Overall, Société BIC is a global company known for its affordable, reliable, and innovative products, and its enduring brand image.
What is special about the company?
1. Heritage: Founded in 1945, Société BIC has a long-standing history of over 75 years in the business world. The company has successfully adapted and evolved over the years while staying true to its core values and principles.
2. Global Presence: BIC has a strong international presence, with products sold in more than 160 countries around the world. The company's products are recognized and trusted by consumers worldwide, making it a truly global brand.
3. Diversified Product Portfolio: BIC is known for its wide range of products, including stationery, lighters, shavers, and other consumer goods. This diversification has helped the company stay competitive and adapt to changing consumer needs.
4. Strong Brand Image: BIC is known for its high-quality, affordable, and reliable products. Its brand image is associated with simplicity, efficiency, and accessibility, making it a trusted brand by both consumers and businesses.
5. Innovation: BIC has a strong focus on innovation and continuously invests in technology and research to improve its products. The company has a dedicated R&D department that works on developing new products and improving existing ones.
6. Commitment to Sustainability: As a socially responsible company, BIC is committed to sustainable development and environmental protection. The company follows strict sustainability practices in all aspects of its operations, from sourcing materials to manufacturing and distribution.
7. Family-Owned and Operated: Société BIC is still owned and operated by the Bich family, who founded the company in 1945. This family-owned structure allows for a long-term perspective and focus on sustainable growth rather than short-term profits.
8. Strong Corporate Culture: BIC prides itself on its strong corporate culture, which is built on teamwork, respect, and integrity. The company values its employees and invests in their development, creating a positive and productive work environment.
9. Focus on Customer Needs: BIC puts its customers at the center of everything it does. The company has a deep understanding of its customers' needs and preferences, and this is reflected in the quality and design of its products.
10. Social Impact: BIC has several programs and initiatives focused on making a positive social impact. This includes their education program, "BIC KIDS," which supports children's education worldwide, and their "Writing the Future, Together" program, which promotes social and educational inclusion for children.
2. Global Presence: BIC has a strong international presence, with products sold in more than 160 countries around the world. The company's products are recognized and trusted by consumers worldwide, making it a truly global brand.
3. Diversified Product Portfolio: BIC is known for its wide range of products, including stationery, lighters, shavers, and other consumer goods. This diversification has helped the company stay competitive and adapt to changing consumer needs.
4. Strong Brand Image: BIC is known for its high-quality, affordable, and reliable products. Its brand image is associated with simplicity, efficiency, and accessibility, making it a trusted brand by both consumers and businesses.
5. Innovation: BIC has a strong focus on innovation and continuously invests in technology and research to improve its products. The company has a dedicated R&D department that works on developing new products and improving existing ones.
6. Commitment to Sustainability: As a socially responsible company, BIC is committed to sustainable development and environmental protection. The company follows strict sustainability practices in all aspects of its operations, from sourcing materials to manufacturing and distribution.
7. Family-Owned and Operated: Société BIC is still owned and operated by the Bich family, who founded the company in 1945. This family-owned structure allows for a long-term perspective and focus on sustainable growth rather than short-term profits.
8. Strong Corporate Culture: BIC prides itself on its strong corporate culture, which is built on teamwork, respect, and integrity. The company values its employees and invests in their development, creating a positive and productive work environment.
9. Focus on Customer Needs: BIC puts its customers at the center of everything it does. The company has a deep understanding of its customers' needs and preferences, and this is reflected in the quality and design of its products.
10. Social Impact: BIC has several programs and initiatives focused on making a positive social impact. This includes their education program, "BIC KIDS," which supports children's education worldwide, and their "Writing the Future, Together" program, which promotes social and educational inclusion for children.
What the company's business model?
Société BIC is a consumer goods company that specializes in manufacturing and selling a wide range of stationery, lighters, shavers, and other disposable consumer products. Their business model is based on offering affordable, high-quality products that are easily accessible to customers worldwide.
Key elements of their business model include:
1. Diversified product portfolio: Société BIC offers a diverse range of products, including writing instruments, lighters, shavers, and promotional products. This allows them to cater to a wide range of customers and generate revenue from multiple product categories.
2. Cost leadership: BIC's products are known for their affordability, which is achieved through efficient supply chain management and economies of scale in production. This cost leadership approach allows them to maintain a competitive advantage and attract price-conscious customers.
3. Innovation: Société BIC continually invests in research and development to improve existing products and launch new ones. Their focus on innovation helps them stay ahead of competitors and cater to the evolving needs of consumers.
4. Global presence: BIC has a strong global presence with operations in over 160 countries. This allows them to reach a wide customer base and tap into different markets for growth opportunities.
5. Brand recognition: BIC has established a strong brand identity over the years, known for its quality, affordability, and reliability. This has helped them build brand loyalty and gain customer trust.
6. Multi-channel distribution: BIC products are sold through various channels, including retail stores, online platforms, and direct sales. This diverse distribution strategy ensures wide availability of their products and reaches a larger customer base.
Overall, Société BIC's business model focuses on providing affordable, high-quality products to a global customer base through continuous innovation and efficient operations.
Key elements of their business model include:
1. Diversified product portfolio: Société BIC offers a diverse range of products, including writing instruments, lighters, shavers, and promotional products. This allows them to cater to a wide range of customers and generate revenue from multiple product categories.
2. Cost leadership: BIC's products are known for their affordability, which is achieved through efficient supply chain management and economies of scale in production. This cost leadership approach allows them to maintain a competitive advantage and attract price-conscious customers.
3. Innovation: Société BIC continually invests in research and development to improve existing products and launch new ones. Their focus on innovation helps them stay ahead of competitors and cater to the evolving needs of consumers.
4. Global presence: BIC has a strong global presence with operations in over 160 countries. This allows them to reach a wide customer base and tap into different markets for growth opportunities.
5. Brand recognition: BIC has established a strong brand identity over the years, known for its quality, affordability, and reliability. This has helped them build brand loyalty and gain customer trust.
6. Multi-channel distribution: BIC products are sold through various channels, including retail stores, online platforms, and direct sales. This diverse distribution strategy ensures wide availability of their products and reaches a larger customer base.
Overall, Société BIC's business model focuses on providing affordable, high-quality products to a global customer base through continuous innovation and efficient operations.
Interesting facts about the company
1. The Société BIC company was founded in 1945 by Marcel Bich and Édouard Buffard, two French businessmen who teamed up to produce affordable ballpoint pens for the masses.
2. The company takes its name from Marcel Bich’s last name, which he changed to BIC for branding purposes. It was also a play on the word bicycle and the company’s first product, the BIC Ballpoint pen, which had a similar shape to a bicycle frame.
3. BIC’s first product, the BIC ballpoint pen, quickly became a best-selling item in France and then worldwide, revolutionizing the industry by making writing instruments affordable and accessible to everyone.
4. Today, BIC is known as a leading global manufacturer of stationery, lighters, and razors, with a presence in over 160 countries and annual sales exceeding 2 billion euros.
5. In addition to their popular BIC ballpoint pens, the company also produces other writing instruments such as markers, highlighters, pencils, and correction products.
6. BIC also owns popular brands such as Tipp-Ex, Wite-Out, Sheaffer, and Conté à Paris, expanding its product line to include art supplies and other office products.
7. The iconic BIC Cristal ballpoint pen, introduced in 1950, has sold over 100 billion units worldwide, making it one of the best-selling pens of all time.
8. BIC is committed to sustainability and has implemented initiatives to reduce its environmental impact, such as using renewable energy, reducing packaging materials, and promoting recycling among its customers.
9. In addition to its main line of products, Société BIC also has a charitable foundation that provides education to children in need around the world, with a particular focus on improving access to quality education for girls.
10. In 1979, BIC launched its first disposable lighter, which quickly became the best-selling lighter in the world. Today, BIC lighters are still one of the most popular lighter brands, with over 4 million sold worldwide every day.
11. BIC has also expanded into the personal grooming market with its BIC Flex disposable razors, which offer a budget-friendly alternative to expensive razor brands.
12. Despite its global success, BIC is still a family-owned company, with the Bich family owning a majority stake in the company and playing an active role in its management.
13. BIC has received numerous awards and accolades for its products and initiatives, including being named one of the World’s Most Ethical Companies by the Ethisphere Institute for 12 consecutive years.
14. In 1992, BIC launched its first digital product, a pocket calculator, expanding its product line into the electronics industry.
15. BIC’s headquarters are located in Clichy, France, and the company has manufacturing facilities in several countries, including the United States, Brazil, India, and South Africa.
See Company Due Diligence:
2. The company takes its name from Marcel Bich’s last name, which he changed to BIC for branding purposes. It was also a play on the word bicycle and the company’s first product, the BIC Ballpoint pen, which had a similar shape to a bicycle frame.
3. BIC’s first product, the BIC ballpoint pen, quickly became a best-selling item in France and then worldwide, revolutionizing the industry by making writing instruments affordable and accessible to everyone.
4. Today, BIC is known as a leading global manufacturer of stationery, lighters, and razors, with a presence in over 160 countries and annual sales exceeding 2 billion euros.
5. In addition to their popular BIC ballpoint pens, the company also produces other writing instruments such as markers, highlighters, pencils, and correction products.
6. BIC also owns popular brands such as Tipp-Ex, Wite-Out, Sheaffer, and Conté à Paris, expanding its product line to include art supplies and other office products.
7. The iconic BIC Cristal ballpoint pen, introduced in 1950, has sold over 100 billion units worldwide, making it one of the best-selling pens of all time.
8. BIC is committed to sustainability and has implemented initiatives to reduce its environmental impact, such as using renewable energy, reducing packaging materials, and promoting recycling among its customers.
9. In addition to its main line of products, Société BIC also has a charitable foundation that provides education to children in need around the world, with a particular focus on improving access to quality education for girls.
10. In 1979, BIC launched its first disposable lighter, which quickly became the best-selling lighter in the world. Today, BIC lighters are still one of the most popular lighter brands, with over 4 million sold worldwide every day.
11. BIC has also expanded into the personal grooming market with its BIC Flex disposable razors, which offer a budget-friendly alternative to expensive razor brands.
12. Despite its global success, BIC is still a family-owned company, with the Bich family owning a majority stake in the company and playing an active role in its management.
13. BIC has received numerous awards and accolades for its products and initiatives, including being named one of the World’s Most Ethical Companies by the Ethisphere Institute for 12 consecutive years.
14. In 1992, BIC launched its first digital product, a pocket calculator, expanding its product line into the electronics industry.
15. BIC’s headquarters are located in Clichy, France, and the company has manufacturing facilities in several countries, including the United States, Brazil, India, and South Africa.
See Company Due Diligence:
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