BIC, a manufacturing corporation based in Clichy, France, best known for making disposable consumer products such as lighters, razors and pens, completed the acquisition of Djeep, one of the main manufacturers of quality lighters in Brittany, France, for $47m. "The acquisition of Djeep will strengthen BIC's leadership in safety‐compliant branded pocket lighters. With their unique shape, Djeep lighters are a strong addition to BIC's existing portfolio. The combination of Djeep's creative product design and on‐demand production skills with BIC's iconic lighters and long production runs model will expand both companies' innovation, marketing, and global manufacturing capabilities," Gonzalve Bich, BIC CEO.