Acting as financial adviser, RMB guided the sale of Celplas Industries (Nigeria’s ballpoint pen manufacturing business) to BIC. RMB structured a multiphase approach that delivered an optimal transaction structure.
What was the problem?
Société BIC SA (BIC) and Celplas IndustriesNigeria (Celplas) were in discussion over the acquisition of Lucky Stationery Nigeria Ltd. This sale however required substantial restructuring of the Nigerian manufacturer’s business.
What solution did RMB provide?
RMB served as financial adviser to Celplas, guiding the sale and structuring a multiphase approach that delivered the most efficient transaction.
What proven results can be showcased?
This transaction further strengthened BIC’s global leadership in terms of pen manufacturing and market share and it also invigorated Nigeria’s stationery sector by introducing new, innovative products and market competition.
| Client | Celplas Nigeria |
|---|---|
| Sector | Business |
| Capabilities | Cross-border finance |
| Result | Invigorating Nigeria’s stationery sector |