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© AIRBUS S.A.S. 2011 - photo by exm company / H. Goussé
Successful
consolidation
of
Creuzet
AÉroNAUTIQUE
The acquisition of Creuzet Aéronautique and Indraero-Siren, completed on
July 1, 2011, is the largest external growth transaction ever conducted by
LISI. It reinforces the Group’s positions in the aviation sector by providing
it with a critical size and enhanced visibility among its major aircraft
and engine manufacturer customers, while allowing it to consolidate its
expertise. Both companies enjoy a very high level of expertise in the design
of complex parts. Founded in 1934, Creuzet (2010: €60 million sales revenue,
700 employees) manufactures mechanical components with high added
value for the fuselages and engines of commercial aircraft, as well as leading
edges for reactor blades. Indraero-Siren (2010: €50 million sales revenue,
700 employees), founded in 1949, produces fuselage parts for commercial
aircraft and helicopters.