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LISI 2016 ANNUAL REPORT

I

33

HIGHLIGHTS

SALE OF THE FLOOR COVERING

SEGMENT

The Floor Covering interior layouts segment of the Indraero

subsidiary was sold in May 2016 to the DAHER Group.

Inherited from the acquisition of the Creuzet group, the floor

covering activity for commercial aviation needed to be

backed by a specialist in the layout industry to be able

to pursue its growth.

SALE OF THE PRÉCIMÉTAL

CASTING PLANT

The lost wax casting business of the Belgian company

Précimétal, acquired along with the Manoir Aerospace

Group, was sold to the Ciclad fund. The sale of this

aircraft dominant steel foundry became effective in

February 2017.

ANKIT FASTENERS:

MAJORITY INTEREST

LISI AEROSPACE acquired a majority stake in its

Indian partner Ankit Fasteners. The joint venture which has

been uniting the two companies for 10 years has reached

a sufficient level of industrial maturity to become open to

international markets. LISI AEROSPACE will accompany

the transformations necessary to achieve this new stage.