LISI (EPA:FII) - LISI announces the signing of an agreement for the acquisition of the Manoir Aerospace group
Transparency directive : regulatory news
06/05/2014 17:45
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Belfort, May 6, 2014LISI announces the signing of an agreement for the acquisition of the Manoir
Aerospace group
The LISI Group announced today that it signed an agreement to acquire all the
shares in the Manoir Aerospace group.
This acquisition will enable LISI AEROSPACE to strengthen its "Structural
Components" division and incorporate additional metal-forming technologies.
The Manoir Aerospace group specializes mainly in the forging of metal parts,
exclusively for aeronautical applications. The group achieved sales of EUR164
million in 2013 with a headcount of approximately 1,100 employees spread over
three production facilities in France, one in Belgium and one in Mexico.
The French competition authority was notified of the transaction on April 25,
2014, as the transfer of ownership can only be effective once authorized.
The LISI Group is one of the worldwide leaders in screwed and clipped fasteners
and mechanical safety components for the Aerospace, Automotive and Medical
sectors, with 2013 sales of EUR1,149 million and a headcount of more than 9,000
employees.
Contact
Emmanuel Viellard
Telephone: +33 (0)3 84 57 00 77
Email: emmanuel.viellard@lisi-group.com
Website: www.lisi-group.com
LISI's shares are listed on the Eurolist compartment B and forms part of the
CAC(r)AERO& DEF., CAC(r) All Shares, CAC(r) - All Tradable, CAC(r) Industrials,
CAC(r) Mid & Small and CAC(r) Small indices, under the ISIN code:
FR 0000050353.
Reuters code: GFII.PA
Bloomberg code: FII FP
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