Frédéric JAPY sets up a watch movement factory in Beaucourt, near Montbéliard (East of France).1777
Some years later MIGEON & DOMINE is founded in Morvillars in the Belfort region, later to become VIELLARD MIGEON et Compagnie (VMC). Initially a specialist in the manufacture of wires, the company rapidly integrates processing activities.1796
JAPY Frères and VIELLARD & MIGEON decide to join forces to launch the industrial manufacture of forged wood screws in France.1806
The Boulonnerie at Champagney (Haute-Saône) is set up by the BOHLY family; the Société Industrielle de Delle is founded by the DUBAIL-KOHLER family in the town of Delle, Belfort. The company quickly begins to specialize in the manufacture of machine-turned screws.1897-99
These family-run businesses (BOHLY, DUBAIL KOHLER and VIELLARD ) merge to form a company called GFD, thus becoming France’s foremost manufacturer of standard and automotive nuts and bolts.1968
GFD acquires BLANC AERO, which specializes in aerospace parts and in packaging components for the Perfumery sector. This new group is named GFI.
The transaction is made possible thanks to the entry of the PEUGEOT family into the capital of CID (Compagnie Industrielle de Delle), the controlling shareholder of LISI. More than 40 years later, these 3 families, KOHLER, PEUGEOT and VIELLARD remain the Group's key shareholders.
GFI is floated on the Paris Stock Exchange’s Second Marché and becomes GFI Industries.1989
During the 90's, GFI Industries strengthens in its different sectors through the acquisition of more than fifteen companies in Europe and the United States, while the group withdraws from GFD (standard).1990/2000
To better delineate its specialist areas, GFI Industries becomes LISI, (LInk Solutions for Industry; its three divisions each take on this name and add their main business line: LISI AEROSPACE, LISI AUTOMOTIVE and LISI COSMETICS.
The strategy of focusing on Core Business continues:
- Sale of non-strategic business lines (GFD, Ars Industries and l production unit at Aillevilliers),
- Acquisition of California's MONADNOCK (LISI AEROSPACE).
Acquisition of FORM a.s in the Czech Republic (LISI AUTOMOTIVE).2004
Acquisition of KNIPPING in Germany (LISI AUTOMOTIVE). Opening of a new factory in Canada (LISI AEROSPACE)
Sale of Gradel (LISI AUTOMOTIVE).
Sale of European distribution firm EUROFAST to ANIXTER France (LISI AEROSPACE).
LISI AUTOMOTIVE sells its Monistrol plant in the Haute-Loire to the PRECITURN group.
Creation of the LISI MEDICAL subdivision, following acquisition of:
- HUGUENY (Lyon), specializing in spinal implants;
- JEROPA (Escondido-USA), specializing in dental and spinal implants,
- SEIGNOL and INTERMED Application (Neyron – France), specializing in contact manufacturing of dental and orthopedic implants.
LISI AUTOMOTIVE increases its presence in China and India with the creation of a second manufacturing plant in Shanghai dedicated to making threaded fasteners for the automotive industry.2008
On April 1, 2009, the Group sells KNIPPING's subsidiary SDU, which specialize in distributing technical products to mines and industry in Germany and Poland.2009
The Group returns to external growth with two major acquisitions:
- Acquisition by LISI AUTOMOTIVE of two French sites from the American Group, Acument Global Technologies, specializing in the manufacture of fasteners for the automotive industry.
- Purchase by LISI MEDICAL of a site producing joints replacements from the American Group, Stryker Corporation, a leading global provider of medical technologies.
The Group continues the movement to strengthen and build its position in strategic markets started in 2010. The year 2011 is marked by the following transactions:
- LISI COSMETICS is deconsolidated as at January 1, 2011 following the sale completed on April 6, 2011.
- The Creuzet Group is purchased and consolidated as of July 1, 2011.
On May 29th, LISI AUTOMOTIVE sells its subsidiary KNIPPING UMFORMTECHNIK GmbH to Gris Invest SAS.2012
Mainly specializing in the forging of metal parts for aerospace applications, the Manoir Aerospace group has been consolidated since June 5, 2014 into LISI AEROSPACE with the aim of strengthening the Structural Components arm with the integration of complementary technologies.
To a lesser extent, one should note in June 2014, the acquisition of 100% of the control of LISI AUTOMOTIVE Shanghai, of which a Chinese partner previously held 25%.
The LISI Group signs an agreement with POLY-SHAPE to create a joint subsidiary, LISI AEROSPACE ADDITIVE MANUFACTURING, 60% owned by LISI AEROSPACE and 40% by POLY-SHAPE. This company combines the exclusive know-how of both partners to establish a leader in the design and 3D-printing production of mechanical parts for the aeronautical and space industries.2015
The LISI Group acquires 100% of the shares of Remmele Medical Operations. The company is acquired through Hi Shear Corporation, a wholly-owned subsidiary of LISI AEROSPACE.
During the 2016 financial year, the Group increases its stake in its subsidiary Ankit Fasteners Pvt Ltd, which enables it to hold 51% of the capital.
On October 31, 2017, the LISI Group buys 51% of the shares of TERMAX (Automobile USA) and undertakes to buy back the 49% of the remaining shares by March 31, 2021.2017