LISI GROUP - 2017 Financial report

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Market Maker’s Contract
Themarket-makingcontractcomplieswiththeethicalcharteroftheAFEI
and is carried out by:
ODDO FINANCE CORPORATE
Mr. Eric Bigotteau
Email:
Tel.: + 33 (0)1 40 17 52 89
6.2 I HISTORY
1777
Frédéric Japy sets up a watch movement factory in Beaucourt, near
Montbéliard.
1796
Some years later MIGEON&DOMINE is founded inMorvillars in theBelfort
region, later to become VIELLARD MIGEON et Compagnie (VMC). Initially
a specialist in the manufacture of wires, the company rapidly integrates
processing activities.
1806
JAPY Frères and VIELLARD&MIGEON decide to join forces to launch the
industrial manufacture of forged wood screws in France.
1897-99
Foundng in Champagney (Haute-Saône) by the Bohly de la Boulonnerie
family; then 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 themanufacture of machine-turned screws.
1968
The family-run businesses (BOHLY, DUBAIL-KOHLER and VIELLARD)
merge to form a company called GFD, thus becoming France’s foremost
manufacturer of standard and automotive nuts and bolts.
1977
GFD acquires BLANC AERO, which specializes in aerospace parts and
in packaging components for the Perfumery sector. This new group is
named GFI.
This transaction was made possible thanks to purchase by the Peugeot
family of a stake of CID (Compagnie Industrielle de Delle), the controlling
shareholder of LISI. Over 40 years later, these three families (KOHLER,
PEUGEOT and VIELLARD) are still the Group’s key shareholders.
1989
GFIisfloatedontheParisStockExchange’sover-the-countermarketand
becomes GFI Industries.
1990 / 2000
Throughout the 1990s, GFI Industries continues to strengthen its
positions in its various 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); its three divisions use the same name,
adding their core business suffix: LISI AEROSPACE, LISI AUTOMOTIVE
and LISI COSMETICS.
The strategy of focusing on Core Business continues:
– sale of non-strategic business lines (GFD, Ars Industries and the
production unit at Aillevilliers);
– 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).
Sale of GRADEL (LISI AUTOMOTIVE).
2007
Sale of the distribution company Eurofast to ANIXTER France
(LISI AEROSPACE).
LISI AUTOMOTIVE sells its site at Monistrol-sur-Loire to the PRECITURN
group.
Creation of the LISI MEDICAL subdivision, following acquisition of:
– HUGUENY (Lyon), specializing in spinal implants;
– JEROPA (Escondido-USA), specializing in dental implants;
– SEIGNOL and INTERMED Application (Neyron – France) and LIXUS
(Tangiers – Morocco), specializing in subcontracting of dental and
orthopedic implants.
2008
LISI AUTOMOTIVE grows its presence in China with the creation of a
second production site in Shanghai, dedicated to the manufacture of
threaded fasteners for automobiles.
2009
On April 1, 2009, the Group sold SDU, a subsidiary of the KNIPPING group,
specialized in the distribution of technical products for mines and
industry in Germany and Poland.
2010
The Group returned to external growth with twomajor acquisitions:
– acquisition by LISI AUTOMOTIVEof two French sites fromtheAmerican
group,AcumentGlobalTechnologies,specializinginthemanufactureof
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.
LISI 2017 FINANCIAL REPORT
GENERAL INFORMATION REGARDING THE COMPANY
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