BIC Group Acquires Startup Company Sologear
BIC Group announced today that BIC Corp., its U.S. subsidiary, has acquired Sologear LLC, a Middleton, Wisconsin-based company. Sologear is the maker of FlameDisk, a portable charcoal-alternative heat source for grilling. BIC Corp. also acquired Sologear's unique technology for solidifying ethanol.
"BIC is very pleased with this acquisition," said Chris Mills, senior vice president and general manager, North America Consumer Products, BIC USA Inc. "We believe that the FlameDisk product, and its unique technology, presents a growth opportunity for the U.S. barbecue and grilling category. This product complements our multi-purpose lighter business, and is a good fit for our company."
"Sologear is very excited to be part of the BIC organization, combining our unique technology with BIC's brand and market leadership," said Tom Bush, Sologear chairman.
For more information, visit www.bicworld.com.