LISI (EPA:FII) - LISI announces the disposal of PRECIMETAL FONDERIE DE PRECISION
Transparency directive : regulatory news
02/02/2017 17:42
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Paris, February 2, 2017LISI ANNOUNCES THE DISPOSAL OF PRECIMETAL FONDERIE DE PRECISION TO THE CICLAD
INVESTMENT FUND
Further to its press release of July 6, 2016, LISI AEROSPACE today announces
that it has completed the disposal of PRECIMETAL FONDERIE DE PRECISION to the
CICLAD Capital Investment Fund, alongside the management of PRECIMETAL.
With the acquisition of PRECIMETAL, CICLAD is continuing its strategy of
growing its portfolio of industrial assets, especially in the aerospace market.
LISI AEROSPACE is focusing on complex primary parts developed from strategic
technologies, into which the Group is expanding, in particular in forging and
forming.
PRECIMETAL manufactures metal parts in lost-wax casting for the international
aerospace, defense, industrial and general mechanical markets, with an
expertise that is acclaimed by its customers. PRECIMETAL sales in 2016 were
EUR14.6 million. The company is located in Seneffe, (Belgium) with a staff of
122.
Contact LISI Contact CICLAD
Emmanuel VIELLARD Nicolas ROSTAND
Tel: +33 (0) 3 84 57 00 77 Tel: +33 (0) 1 56 59 77 33
Email: emmanuel.viellard@lisi-group.com Email: nrostand@ciclad.com
Website: www.lisi-group.com Website: www.ciclad.com
The LISI share is listed on Euronext, compartment A and belongs to the
CAC(r)AERO & DEF., CAC(r) All Shares, and CAC(r) Industrials indices under
ISIN code: FR 0000050353.
The LISI Group is one of the worldwide leaders in threaded and clip fasteners
and mechanical safety components for the Aerospace, Automotive and Medical
sectors, with 2015 sales of EUR1,458 million and a headcount of more than
10,000 people.
Reuters code: GFII.PA Bloomberg Code: FII FP
CICLAD is an independent private equity fund specializing in transmission and
development operations. Since its creation in 1988, CICLAD has carried out
nearly 150 transactions and is investing its fifth fund, worth EUR 150 million.
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