LISI GROUP - Activity report 2019

2017 On October 31, 2017, the LISI Group buys 51% of the shares of TERMAX (Automotive USA) and undertakes to buy back the 49% of the remaining shares by March 31, 2021. 2018 LISI AUTOMOTIVE confirms in November 2018 the acquisition of the American company Hi-Vol Products, thus aiming to strengthen its global position in the production of mechanical safety components with a strong technical base in North America. 2002 To reflect its business lines more closely, GFI Industries becomes LISI, an acronym of LInk Solutions for Industry. Its three divisions all take the same name, adding to it their main core business: LISI AEROSPACE, LISI AUTOMOTIVE and LISI COSMETICS. 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. • LISI MEDICAL purchases a hip implant production site from the US group STRYKER Corporation, one of the world’s leading medical technology suppliers, boosting its initial acquisitions of 2007. 1806 JAPY Frères and VIELLARD MIGEON & Cie. decide to join forces to launch the first industrial manufacture of forged wood screws in France. 1897 / 99 A bolt manufacturing business is set up at Champagney by the BOHLY family; 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 The family-run businesses (BOHLY, DUBAIL-KOHLER and VIELLARD) merge to found a company called GFD, thus becoming France’s foremost manufacturer of standard and automotive nuts and bolts. in 2018, 705 employees). Through this transaction, LISI AEROSPACE is pursuing two objectives: refocusing its activities on selected technologies in high added value primary components, and more closely targeting its CAPEX. LISI AUTOMOTIVE sells the screws, chassis studs and joints business belonging to its subsidiary LISI AUTOMOTIVE Former in Saint-Florent-sur-Cher (turnover of €36.1 million in 2018). This disposal, following the recent acquisitions of the American companies Termax and Hi-Vol Products, enables the LISI AUTOMOTIVE division to continue to refocus its activities high added value components. 85 LISI 2019