12
I LISI FINANCIALREPORT2013
GENERAL INFORMATIONREGARDINGTHECOMPANY
1
2010
TheGroupreturnedtoexternalgrowthwithtwomajoracquisitions:
n
AcquisitionbyLISIAUTOMOTIVEoftwoFrenchsitesfromtheAmerican
Group, AcumentGlobal Technologies, specializing in themanufacture
of fasteners fortheautomotive industry.
n
Purchase by LISIMEDICAL of a site producinghip replacements from
theAmericanGroup, Stryker Corporation, a leadingglobal provider of
medical technologies. The agreement is accompanied by a five-year
supplycontract.
2011
TheGroupcontinued themovement tostrengthenandbuild itsposition
in strategicmarkets started in 2010. The year 2011 wasmarked by the
followingtransactions:
n
LISI COSMETICSwas deconsolidated on January 1, 2011 following the
salecompletedasatApril6,2011.Fortherecord, thedivisiongenerated
aturnoverof€52.8m in2010.
n
TheCreuzetGroupwaspurchasedandconsolidatedasof July1,2011. It
contributed€136mtothesalesrevenueof2012.
2012
OnMay29th,LISIAUTOMOTIVEsold100%of itsholdings in itssubsidiary
KNIPPINGUMFORMTECHNIKGmbh toGris InvestSAS foranamountof
€2.8million.
Mergerof IndraeroMoroccoandCreuzetMorocco.
2013
TheLISIGroupsecuredfundingof$75millionthroughaprivateplacement
in theUnitedStatesanda loanof€30million from theEIB tostrengthen
its long-term resources. The investment plan represented a record
amountof€87.7millionovertheperiod.
6.3
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COMPANYNAME –REGISTEREDOFFICE
ANDLEGISLATION
Companynameandheadoffice
LISIS.A.–LeMillenium–18rueAlbertCamusCS70431 –90008BELFORT
Cedex
Legalformoftheissuerandapplicablelegislation
Société Anonyme" (public limited company) governed by French
legislation.
Placeandnumberofregistration
n
R.C.S.:BELFORT536820269
n
NAFCode:7010Z
6.4
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INCORPORATIONANDTERM - ARTICLES
OFASSOCIATION
Incorporationandterm
The companywas set up on July 1968. Its term expires on July 4, 2067,
exceptingearlydissolutionorrenewal.
Purpose
Accordingtoarticle2oftheby-laws, thecompany’spurpose is:
n
Theacquisitionof equity interests inall typesof companies, including
commercial, manufacturing, financial, securities and property
developmentcompanies;
n
The manufacture, purchase and sale of all items, especially those
relating toscrews,nutsandbolts, forging, lathingandmachine tooling
andbuilding;
n
Wherenecessary,all transactions relating to themachine industryand
saleofrelatedproducts ;
n
The direct or indirect participation in all transactions or business
matters that couldhavean impact on saidbusinesspurposeorwhich
could help further the interests of the corporation, by any means,
includingthecreationofnewcompanies,subscriptioncontribution, the
purchaseofsharesandrights,etc.;
n
and more generally, all commercial, securities and real estate
transactions, be they directly or indirectly related to the business
purposeor likelyto facilitate itsexpansionorgrowth.
FinancialYear
The company’s accounting period begins on January 1 and ends on
December31ofeachyear.
Specificstatutoryclauses
Article17–Distributionof earnings
n
Out of thedistributable profit, all amounts the Shareholders’ General
Meetingshalldecide tocarry forward to thenextyearorallocate to the
creationofextraordinary,contingency,orotherfunds,withorwithouta
special allocation, shallbewithdrawn first. The reminder isdistributed
betweentheshareholders, inproportiontothesharecapitalheld.
n
Each shareholdermay be granted the optionof receivingpayment in
cashor in sharesunder the termsprovided forby law, for all orpartof
thedividendortheadvanceonthedividenddistributed.
Article15-1 to15-5–Shareholders’ GeneralMeetings
n
Shareholdermeetings areheld anddeliberate in accordancewith the
applicable legalprovisions.Theymeetattheheadofficeoratanyother
locationspecified inthemeetingnotice.
