Société BIC

Value, or value trap?

Société BIC is the French family-run manufacturer and distributor of high-quality, but affordable, stationery products, lighters and shavers.

Founded in 1945 by Marcel Bich and Édouard Buffard and headquartered in Clichy, BIC is still controlled by the Bich family with a 46% economic ownership but 63% of voting rights.

While its products are sold in more…