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LISI S.A. — M&A Activity 2021
Jan 11, 2021
1484_iss_2021-01-11_8f774971-1286-4c21-8fa6-32ffcbcde59b.pdf
M&A Activity
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Paris, January 11, 2021
LISI GROUP ANNOUNCES THE DISPOSAL OF THE REMAINING DENTAL BUSINESS TO ARCH MEDICAL SOLUTIONS – ESCONDIDO LLC
LISI Group announces today that it has completed the disposal of the assets belonging to its subsidiary LISI MEDICAL Jeropa which produces dental fastener devices and related ancillary instruments located in Escondido, near San Diego (CA- USA), to ARCH Medical Solutions – Escondido LLC, part of ARCH Global Precision Group.
LISI MEDICAL Jeropa operating site employs 72 people and generated sales of \$10.5 million in 2019.
LISI MEDICAL accelerates its repositioning on its core businesses:
- Reconstruction implants (hip, knee, shoulder),
- Minimally Invasive Surgery high volume high precision components,
- Orthopedic implants (spine, traumatology and extremities).
LISI MEDICAL operates in the USA and Europe with excellence centers in Minneapolis (USA), Caen (France) and Lyon (France) and serves the leaders in the medical industry.
ARCH Global Precision, a Jordan Company platform company based in metro Detroit, manufactures medical instruments and implants, high-quality cutting tools and precision-machined components for a range of critical applications. ARCH has dozens of facilities strategically located across the country serving the medical, aerospace, defense, energy, semiconductor, surgical robotics, and progressive industrial markets.
LISI Contact ARCH GLOBAL Contact Emmanuel Viellard Eli Crotzer Tel: +33 (0)3 84 57 00 77 Tel: +1 (734) 266 6944 Email: [email protected] Email: [email protected] Website: www.lisi-group.com Website: www.archglobalprecision.com
The LISI share is listed on Euronext, compartment A and belongs to the CAC® AERO & DEF., CAC® All Shares, CAC® Industrials indices, under ISIN code: FR0000050353. The LISIGroupis oneoftheworld leaders in fasteners andmechanical safety components forthe Aerospace,Automotive andMedical implants. Reuters Code: GFII.PA / Bloomberg Code: FII FP