BIC Graphic Posts Increased Sales in Third Quarter
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In July, BIC increased its stake in Cello Pens to 75 percent while it sold Sheaffer to A.T. Cross Company, in August for $15 million. The sale's closing is expected to be completed in mid-fourth quarter.
“Our 9 months results were good and in line with our full year expectations," said Mario Guevara, CEO, BIC Group. "Globally, consumer categories' market-share gains were driven by strong execution from our teams and the success of both classic and new products.
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- BIC Graphic USA
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