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LISI 2011 —
11
— financial report
General company information
Market-making contract
The market-making contract complies with the AFEI ethics charter and
is performed by:
ODDO FINANCE CORPORATE
Mr. Eric BIGOTTEAU
Email: ebigotteau@oddo.fr
Tel: +33 (0)1 40 17 52 89
6.2
History
1777
Frédéric JAPY sets up a watch movement factory in Beaucourt, near
Montbéliard.
1796
MIGEON&DOMINE is founded inMorvillars in the Belfort region, later
to become VIELLARD MIGEON et Compagnie (VMC).
1806
JAPY Frères and VIELLARD & MIGEON decide to join forces to launch
the industrial manufacture of forged wood screws in France.
1899
The Société Industrielle de Delle is founded by the DUBAIL-KOHLER
family in the town of Delle, Belfort. The company quickly begins to
specialize in the manufacture of machine-turned screws.
1968
These three family-run businesses (KOHLER, JAPY andVIELLARD)merge
to form a company called GFD
(1)
, thus becoming France’s foremost
manufacturer of standard and automotive nuts and bolts. The three
founding families are today part of CID (Compagnie Industrielle de
Delle), owning a controlling stake in the LISI group.
1977
GFD acquires BLANC AERO, which specializes in aerospace parts and
in packaging components for the Perfumery sector. This new group
is named GFI.
1989
GFI is floated on the Paris Stock Exchange’s over-the-counter market
and becomes GFI Industries.
1990 / 2000
Throughout the 1990s, GFI Industries continues to strengthen
its positions in its three sectors by acquiring over 15 companies
throughout Europe and the US.
2002
To better delineate its specialist areas, GFI Industries became LISI,
LInk Solutions for Industry, with each of the three divisions taking this
name plus the name of its main business sector: LISI AEROSPACE, LISI
AUTOMOTIVE and LISI COSMETICS.
The strategy of focusing on Core Business continues:
– Disposal of the non-strategic lines of business (GFD, Ars Industries
and the production unit at Aillevillers),
– Acquisition of California’s MONADNOCK (LISI AEROSPACE).
2004
Acquisition of FORM a.s in the Czech Republic (LISI AUTOMOTIVE).
2005
Acquisition of KNIPPING in Germany (LISI AUTOMOTIVE).
Opening of a factory in Canada (LISI AEROSPACE).
Disposal of Gradel (LISI AUTOMOTIVE).
2007
Sale of Eurofast, a distribution company, to ANIXTER France
(LISI AEROSPACE).
LISI AUTOMOTIVE sells itsMonistrol-sur-Loire to the PRECITURNGroup.
Creation of the LISI MEDICAL division as a result of the acquisitions of
– HUGUENY (Lyon), specializing in spinal implants,
– JEROPA (Escondido-USA), specializing in dental implants,
– SEIGNOL and INTERMED Application (Neyron–France) and LIXUS
(Tanger- Morocco), specializing in subcontracting the manufacture
of dental and orthopedic implants.
2008
LISI AUTOMOTIVE increases its presence in China and India with the
creation of a second manufacturing plant in Shanghai dedicated to
making threaded fasteners for the automotive industry.
2009
On April 1, 2009, the Group sold KNIPPING subsidiary SDU, which
specialized in distributing technical products to mines and industry in
Germany and Poland.
2010
The Group returned to external growth with two major acquisitions :
– Acquisition by LISI AUTOMOTIVE of two French sites from the
American Group, Acument Global Technologies, specializing in the
manufacture of fasteners for the automotive industry.
– Purchase by LISI MEDICAL of a site producing hip replacements from
the American Group, Stryker Corporation, a leading global provider
of medical technologies. The agreement is accompanied by a five-
year supply contract.
(1) Générale de Forgeage et Décolletage.