UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Bacou USA, Inc.
---------------- ---------------
(Name of Issuer)
Common Stock
(Title of Class of Securities)
056439102
(CUSIP NUMBER)
Winfield Major with copies to:
Bacou USA, Inc. Timothy B. Goodell, Esq.
10 Thurber Boulevard White & Case LLP
Smithfield, RI 02917 1155 Avenue of the Americas
(401) 233-0333 New York, New York 10036
(212) 819-8200
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
July 14, 2000
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|.
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss. 240.13d-7(b), for other
parties to whom copies are to be sent.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
SCHEDULE 13D
---------------------------------
CUSIP No. 056439102
---------------------------------
-------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bacou SA
-------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_|
(b)|_|
-------- -----------------------------------------------------------------------
3 SEC USE ONLY
-------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS
o
-------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |_|
PURSUANT TO ITEMS 2(d) or 2(e)
-------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
France
----------------------------------- ------- ------------------------------------
NUMBER OF SHARES BENEFICIALLY 7 SOLE VOTING POWER
OWNED BY EACH REPORTING 0
PERSON WITH ------- ------------------------------------
8 SHARED VOTING POWER
12,612,600
------- ------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- ------------------------------------
10 SHARED DISPOSITIVE POWER
12,612,600
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,612,600
-------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES |_|
CERTAIN SHARES
-------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
o71.6%
-------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
-------- -----------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
---------------------------------
CUSIP No. 056439102
---------------------------------
-------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Engineering Henri Bacou
-------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_|
(b)|_|
-------- -----------------------------------------------------------------------
3 SEC USE ONLY
-------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS
o
-------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |_|
PURSUANT TO ITEMS 2(d) or 2(e)
-------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
The Netherlands Antilles, Curacao
----------------------------------- ------- ------------------------------------
NUMBER OF SHARES BENEFICIALLY 7 SOLE VOTING POWER
OWNED BY EACH REPORTING 0
PERSON WITH ------- ------------------------------------
H 8 SHARED VOTING POWER
12,612,600
------- ------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- ------------------------------------
10 SHARED DISPOSITIVE POWER
12,612,600
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,612,600
-------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES |_|
CERTAIN SHARES
-------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
o71.6%
-------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
-------- -----------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
Individuals who registered on 13D
---------------------------------
CUSIP No. 056439102
---------------------------------
-------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ms. Jacqueline Maggi Bacou, Mr. Philippe Bacou,
Mr. Christophe Bacou and Ms. Veronique Mirabel
-------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_|
(b)|_|
-------- -----------------------------------------------------------------------
3 SEC USE ONLY
-------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS
o
-------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |_|
PURSUANT TO ITEMS 2(d) or 2(e)
-------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
----------------------------------- ------- ------------------------------------
NUMBER OF SHARES BENEFICIALLY 7 SOLE VOTING POWER
OWNED BY EACH REPORTING 0
PERSON WITH ------- ----------------------------
8 SHARED VOTING POWER
12,612,600
------- ------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- ------------------------------------
10 SHARED DISPOSITIVE POWER
12,612,600
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,612,600
-------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES |_|
CERTAIN SHARES
-------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
o71.6%
-------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
Individual
-------- -----------------------------------------------------------------------
<PAGE>
ITEM 1. SECURITY AND ISSUER
This statement on Schedule 13D relates to the common stock (the
"COMMON STOCK") of Bacou USA, Inc., a Delaware corporation (the "COMPANY"). The
principal executive offices of the Company are located at 10 Thurber Boulevard,
Smithfield, RI 02917.
ITEM 2. IDENTITY AND BACKGROUND
This statement on Schedule 13D is being filed by Bacou SA, a French
societe anonyme, Engineering Henri Bacou, a French societe anonyme, Ms.
Jacqueline Maggi Bacou, Mr. Philippe Bacou, Mr. Christophe Bacou and Ms.
Veronique Mirabel (collectively referred to as the "REPORTING PERSONS").
Bacou SA has the following executive officers and directors: Mr.
Philippe Bacou (Chairman of the Board), Mr. Guy Hedouin (General Manager), Mr.
Christophe Bacou (General Manager), Mr. Rene Duvert, Mr. Walter Stepan, Mr.
Pieter Klaas de Graaf, Mr. Howard Leight. Bacou SA is controlled by Engineering
Henri Bacou. Engineering Henri Bacou has the following executive officers and
directors: Mr. Philippe Bacou (Chairman of the Board), Ms. Veronique Mirabel
(General Manager), Ms. Jacqueline Bacou (General Manager), Mr. Jean-Louis Bacou
and Mr. Christophe Bacou.
The principal offices and principal business descriptions of the
Reporting Persons are listed on Schedule 2A attached hereto. Schedule 2A also
lists the following information with respect to each executive officer and
director and each controlling person indicated in the preceding paragraph: with
respect to each corporate person, its name, the place of its organization, its
principal business and the address of its principal office and, with respect to
each individual person, his or her residence or business address, present
principal occupation or employment and address of employer.
During the last five years, none of the Reporting Persons, nor to the
best of their knowledge, any of the persons listed on Schedule 2A attached
hereto has been convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors) or has been a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction as a result of which such
person was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
This information is not applicable because no shares of the Company
are being acquired.
ITEM 4. PURPOSE OF THE TRANSACTION
Bacou S. A., a French societe anonyme ("BACOU SA") owns 12,612,600
shares of Common Stock of the Company representing 71.6% of the outstanding
Common Stock of the Company. On July 14, 2000, the Company entered into an
agreement with Ms. Jacqueline Maggi Bacou, Mr. Philippe Bacou, Mr. Christophe
Bacou and Ms. Veronique Mirabel ("BACOU FAMILY MEMBERS") ultimately controlling
Bacou SA through their ownership of Engineering Bacou S.A., a French societe
anonyme, whereby the Bacou Family Members have agreed that, in connection with a
possible sale of Engineering Bacou SA and of Bacou SA, they will not accept any
offer for their interests in Bacou SA and Engineering Bacou SA (and thereby for
their indirect ownership of the Company's Common Stock) unless such offer also
contains an undertaking to offer to purchase the shares of Common Stock of the
Company not owned by Bacou SA on substantially similar terms. The Bacou Family
Members and the Company have each retained an investment bank to explore
strategic alternatives to enhance shareholder value, which may include a sale of
Engineering Bacou SA and Bacou SA which may result in a change of control of the
Company. In addition, pursuant to an agreement (the "SHARE OPTION PURCHASE
AGREEMENT") dated July 8, 2000, certain entities, including entities controlled,
directly or indirectly, by one or more Bacou Family Members, received an
irrevocable option to purchase all of the shares of Bacou SA owned on such date
by Mevra Beeheer BV, an entity controlled by the Vandeputte family, representing
38.08% of all outstanding shares of Bacou SA.
ITEM 5. INTEREST IN SECURITIES OF THE COMPANY
(a) Reference is made to the applicable cover page for each Reporting
Person for information concerning (i) the number of shares of Common Stock that
may be beneficially owned by such Reporting Person and (ii) the percentage of
outstanding Common Stock that may be beneficially owned by such Reporting
Person, in each case as of the date of this filing.
(b) Reference is made to the applicable cover page for each Reporting
Person for information concerning beneficial ownership of shares of Common Stock
as to which such Reporting Person has sole power to vote or to direct the vote
and sole or shared power to dispose or to direct the disposition, in each case
as of the date of this filing.
(c) Except as indicated in Item 4 above, during the past sixty days,
none of the Reporting Persons acquired or disposed of beneficial ownership of
Common Stock.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
See Item 4 above.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS:
Exhibit A - Agreement, dated as of July 8, 2000, by and among
Protection Participation, Hobar Corporation NV,
Sauvagarde LLC, Mevra Beheer BV and Vandeputte
International BV.
Exhibit B - Agreement, dated July 14, 2000, among Jacqueline Maggi
Bacou, Philippe Bacou, Christophe Bacou, Veronique
Mirabel and Bacou USA, Inc.
Exhibit C - Agreement, dated July 25, 2000, among Jacqueline Maggi
Bacou, Philippe Bacou, Christophe Bacou, Veronique
Mirabel, Engineering Bacou SA and Bacou SA.
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: July 25, 2000 BACOU SA
By: /s/ Philippe Bacou
--------------------------------
Name: Philippe Bacou
Title: Chairman of the Board
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: July 25, 2000 ENGINEERING HENRI BACOU
By: /s/ Philippe Bacou
---------------------------------
Name: Philippe Bacou
Title: Chairman of the Board
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: July 25, 2000
JACQUELINE MAGGI BACOU VERONIQUE MIRABEL
/s/ Jacqueline Maggi Bacou /s/ Veronique Mirabel
------------------------- -----------------------
PHILIPPE BACOU
/s/ Philippe Bacou
------------------------
CHRISTOPHE BACOU
/s/ Christophe Bacou
------------------------
<PAGE>
SCHEDULE 2A
<TABLE>
CORPORATE INFORMATION
<CAPTION>
Name Principal Office Address Principal Business Description
---- ------------------------ ------------------------------
<S> <C> <C>
Bacou SA 168, avenue des Aureats Safety products
26000 Valence
Engineering Henri Bacou 168, avenue des Aureats Holding
26000 Valence
</TABLE>
<PAGE>
<TABLE>
INDIVIDUAL INFORMATION
<CAPTION>
Name and Citizenship Residential or Business Address Principal Occupation or Employment and Name and
-------------------- ------------------------------- -----------------------------------------------
Address of Employer
-------------------
<S> <C> <C>
Ms. Jacqueline Maggi Bacou (French) 23, rue des Devezes General Manager of Engineering Henri Bacou
34740 Vendargues
Mr. Philippe Bacou 6, rue des Chaudrons Chairman of the boards of Engineering Henri
(French) 60810 Montepilloy Bacou and Bacou SA
Mr. Christophe Bacou 38, route de Senlis General Manager of Bacou SA
(French) 60520 Thiers sur Theve
Ms. Veronique Mirabel 23, rue Devezes General Manager of Engineering Henri Bacou SA
French 34740 Vendargues
Mr. Jean-Louis Bacou 11700 Capendu
(French)
Mr. Guy Hedouin 29, rue Gabriel Peri General Manager of Bacou SA
(French) 02100 Saint Quentin
Mr. Rene Duvert 90, rue d'Assas
(French) 75006 Paris
Mr. Walter Stepan 215 Old River Road
(German) R.I. 02865 Lincoln (USA)
Mr. Howard Leight 6000 Cavalleri Road
(French) Malibu
90265 California (USA)
Mr. Pieter de Graaf Agnes Bartoutslaan 13
(Netherlands) 3342 G.E.H.I. Ambacht
Netherlands
</TABLE>
