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LISI S.A. — M&A Activity 2012
May 29, 2012
1484_iss_2012-05-29_8da97636-4809-4fed-84d6-70232d501a69.pdf
M&A Activity
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THE LISI GROUP FORMALIZES THE DISPOSAL OF KUT TO GRIS DECOUPAGE
The disposal, effective as of May 29, 2012, will negatively impact by €0.6 million the consolidated EBIT of the LISI Group, but will improve its net debt by approximately €4 million.
Through its alliance with Gris Decoupage, KUT, a subsidiary of Knipping, an affiliate of LISI AUTOMOTIVE, which posted sales of €8.7 million in 2011 for the production of washers and technical products mainly targeted at Germany, finds a European-sized partner.
Contact
Emmanuel Viellard Telephone: +33 (0)3 84 57 00 77 Email: [email protected] Website: www.lisi-group.com
The next announcements will appear after close of trading on Euronext Paris H1 2012 results: July 26, 2012 Q3 2012 Financial Information: October 24, 2012
LISI shares are listed on the Eurolist compartment B market and are part of the CAC MID 100 – Next 150 index under the ISIN code: FR 0000050353. LISI is a worldwide leading manufacturer of fasteners and assembly components for the Aerospace, Automotive, and medical implants industries. LISI MEDICAL specializes in the subcontracting of implants for groups developing medical solutions.
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