 In 1959, the company was bought by the French BIC Group, as they wanted to establish their business in the Scandinavian office supplies market.During 2004, BIC decided to sell the brand, along with manufacture of Ballograf products, to the General Manager of the Nordic operation.The sale was completed on 1 November 2004 and 50% of the company is now owned by Jan Johansson and 50% by Tommy Kvist.