Société BIC SA, a global leader in stationery, lighters, and shavers, announced the acquisition of Inkbox Ink Inc., a Toronto-based company specializing in semi-permanent tattoos. The transaction was valued at US$65 million, with an additional deferred consideration contingent upon Inkbox's future sales and profitability growth.

The deal was completed on February 1, 2022, with Inkbox continuing to operate as an independent subsidiary of BIC.

DLA Piper advised BIC with a team led by Russel Drew and Christopher Pejovic, and included Titus Totan, Grace Latimer, MacKenzie Jordan, Joe Furness, Sangeetha Punniyamoorthy (IP), Michael S. Richards (employment), Kevin F. Fritz (tax), Nicole Nazareth, Tyson Gratton, Catherine A. Pawluch (regulatory), David Spratley (IPT) and Robert Dallakyan.

Osler, Hoskin & Harcourt LLP advised Inkbox with a team consisting of Chad Bayne, David Jamieson, Jennifer Humphrey, Janice To, Sahil Chopra, Darren Gill (Emerging & High Growth Companies), Damian Rigolo (Employemnt & Labour), Martha Martindale (Financial Services), Alain Fournier (Tax), Nathaniel Lipkus, Ryan Howes (Intellectual Property), Michael Sproule (Corporate), Matthew Ritchie (Real Estate),  Christine Jackson (Commercial), Katelyn Smith and Catherine Hart (Privacy & Data Management).