This acquisition will solve a major challenge for many stationery consumers, providing a way to write that can be easily stored and shared in a quick, efficient, and environmentally conscious manner. “At BIC, we are focused on reimagining everyday essentials and introducing new products that enhance peoples’ lives. Sold online on Amazon, and other retailers, for less than 40 US Dollars, Rocketbook Core Notebooks rank number one in reusable notebooks for Amazon’s consumers. Rocketbook’s flagship products include the Core and Fusion notebooks, reusable notebook used with erasable pens and powered by the Rocketbook cloud connected application. The acquisition is expected to close before the end of this year.įounded in 2014 by Joe Lemay and Jake Epstein, Rocketbook is a fast growing and profitable company with $32 million Net Sales in 2020 2 (approximately 27 million euros) up 35% year-on-year. The transaction is structured with an upfront payment of 34 million euros (40 million USD 1), to be paid at closing and a deferred consideration based on Rocketbook’s future performance. The digital writing segment is a fast-growing market and Rocketbook’s innovative products, coupled with BIC’s industry expertise, retail reach, and global footprint offers substantial growth opportunities. The acquisition will further BIC’s mission to bring high quality, safe, affordable, essential products to consumers worldwide. This agreement is contingent upon the fulfilment of certain conditions as customary in this type of transactions. With its acquisition of Rocketbook, the leading smart reusable notebook brand in the United StatesĬlichy, France - Novem‐ BIC announces today that is has signed an agreement to acquire 100% of Rocketbook, the leading smart and reusable notebook brand in the U.S., based in Boston, Massachusetts. BIC brings together analog and digital writing
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