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BIC reports strong growth | OPI - Office Products International

BIC has reported double-digit top-line growth at its Human Expression division for 2022, but margins were under pressure. Human Expression achieved revenue of €839 million ($896 million) for the year, a constant-currency improvement of almost 17%, adjusted to 11.8% on a comparable basis. This was driven by high-single to double-digit increases in all key regions ....

Human Expression , Writing Instruments , Financial Results , North America , Latin America , Middle East Amp Africa , Traditional Op ,

Edding sells stake in Brazilian manufacturer | OPI - Office Products International

Writing instruments vendor edding has confirmed the sale of its minority stake in Brazilian manufacturer Compactor. The Germany-based group acquired a 21% share in Compactor in 2014. The originally agreed purchase price was €3.3 million ($3.5 million), but this was later reduced to €1.7 million following a series of legal disputes and the impact of ....

Writing Instruments , Latin America , Mergers Amp Acquisitions , Traditional Op ,

Schneider invests in new warehouse | OPI - Office Products International

Writing instruments manufacturer Schneider is undertaking major renovation work at its site in the German town of Tennenbronn. The company is investing in an automated components warehouse, and has already overcome a challenging geographical location by removing more than 1,000 truckloads of rock and rubble after demolishing several old buildings. The new, fully automated building ....

Baden Wüberg , Writing Instruments , Greg German , Traditional Op ,