LISI GROUP - Activity report 2012 - page 29

LISI 2012
27
2007
Medical venture kicked off with
the successive purchase of three
companies in France and the US.
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.
2011
The Group continued the movement
to strengthen and build its position
in strategic markets started in 2010.
The year 2011 was marked by the
following transactions:
• LISI COSMETICS was deconsolidated
on January 1, 2011 following
the sale completed as at April 6,
2011. For the record, the division
generated a turnover of €52.8m in
2010.
• The purchase of the Creuzet Group,
consolidated as of July 1, 2011,
which represents more than
€100m on an annual basis.
2012
The LISI Group recorded new growth in its performance
in terms of sales revenues, to exceed €1 billion for the
first time and of net income for the 2012 financial year,
thanks to the very significant growth at the aeronautical
division (55% of sales revenues) and this despite the
difficulties of the automotive division (39% of sales
revenues).
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