LISI (EPA:FII) - The LISI Group confirms finalization of the acquisition of 51% of TERMAX LLC
Transparency directive : regulatory news
31/10/2017 19:10
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Belfort, October 31st, 2017The LISI Group confirms finalization of the acquisition of 51% of TERMAX LLC
The LISI Group (Euronext Paris - ISIN code: FR 0000050353) today announced the
finalization of acquisition of 51% of TERMAX LLC.
This announcement concludes the process initially disclosed in the press
release issued on September 21st, 2017; it reaffirms the strategy of LISI
AUTOMOTIVE which aims to strengthen its globally recognized position as a
specialist in the production of clipped solutions for automotive OEMs and
Tier 1.
This transaction was carried out through LISI Holding North America, 100%
subsidiary of LISI.
Effective October 31st, 2017 the transaction leads to the global consolidation
of TERMAX (a LISI AUTOMOTIVE Company) in the LISI Group as of November 1st,
2017 and represents a major step in the development of the Group.
Contact
Emmanuel VIELLARD
Telephone: 03 84 57 00 77
Email: emmanuel.viellard@lisi-group.com
Website: www.lisi-group.com
LISI is listed on Euronext, compartment A and is listed on CAC(r) AERO & DEF.,
CAC(r) All Shares, CAC(r) Industrials, under the ISIN code: FR 0000050353.
LISI is a world leader in fasteners and assembly components for the aerospace,
automobile and medical implants sectors.
Reuters Code: GFII.PA
Bloomberg Code: FII FP
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