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LISI S.A. — M&A Activity 2017
Feb 2, 2017
1484_iss_2017-02-02_712c650f-a9f3-4858-af8f-1ea2c6eeb86d.pdf
M&A Activity
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Paris, February 2, 2017
LISI 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 €14.6 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: [email protected] Email: [email protected] Website: www.lisi-group.com Website: www.ciclad.com
The LISI share is listed on Euronext, compartment A and belongs to the CAC®AERO & DEF., CAC® All Shares, and CAC® 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 €1,458 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 € 150 million.