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LISI S.A. — M&A Activity 2016
May 2, 2016
1484_iss_2016-05-02_98333cb0-afc8-4d64-8799-bb5d59e9bd08.pdf
M&A Activity
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Belfort, May 2, 2016
The LISI Group confirms finalization of the acquisition of 100% of RTI REMMELE Medical, Inc.
The LISI Group (Euronext Paris - ISIN code: FR 0000050353) today announced the finalization of acquisition of 100% of RTI REMMELE Medical, Inc.
This announcement concludes the process initially disclosed in the press release issued on April 11, 2016; it reaffirms the strategy of LISI MEDICAL which aims to strengthen its globally recognized position as a specialist in the production of prosthetics and medical instruments.
This transaction was carried out through Hi Shear Corporation, 100% subsidiary of LISI AEROSPACE.
Effective April 30, 2016 the transaction leads to the LISI Group consolidating LISI MEDICAL Remmele as of May 1, 2016 and represents a major step in the development of the Group.
Contact
Emmanuel VIELLARD Telephone: 03 84 57 00 77 Email: [email protected] Website: www.lisi-group.com
LISI is listed on Euronext, compartment A and is listed on CAC® AERO & DEF., CAC® All Shares, CAC® – All Tradable, CAC® Industrials, CAC® Mid & Small, and CAC® Small, 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