LISI GROUP - Financial report 2012 - page 11

LISI 2012 FINANCIAL REPORT
11
1
General information regarding the company
Market Maker’s Contract
The market-making contract complies with the ethical charter
of the AFEI and is carried out by:
ODDO FINANCE CORPORATE
Mr. Eric Bigotteau
Email:
Tel: +33 (0)1 40 17 52 89
6.2 History
1777
Frédéric Japy sets up a watch movement factory in Beaucourt,
near Montbéliard.
1796
Some years later MIGEON & DOMINE is founded in Morvillars
in the Belfort region, later to become VIELLARD MIGEON et
Compagnie (VMC).
1806
JAPY Frères and VIELLARD & MIGEON decide to join forces to
launch the industrial manufacture of forged wood screws in
France.
1899
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.
1968
These three family-runbusinesses (KOHLER, JAPY andVIELLARD)
merge to forma company called GFD
(1)
, thus becoming France’s
foremost manufacturer of standard and automotive nuts
and bolts. The three founding families are today part of CID
(Compagnie Industrielle de Delle), owning a controlling stake
in the LISI group.
1977
GFD acquires BLANC AERO, which specializes in aerospace parts
and in packaging components for the Perfumery sector. This
new group is named GFI.
1989
GFI is floated on the Paris Stock Exchange’s over-the-counter
market and becomes GFI Industries.
1990 / 2000
Throughout the 1990s, GFI Industries continues to strengthen
its positions in its three sectors by acquiring over 15 companies
throughout Europe and the US.
2002
To better delineate its specialist areas, GFI Industries became
LISI, (LInk Solutions for Industry; with each of the three divisions
taking this name plus the name of its main business sector: The
strategy of focusing on Core Business continues:
• Sale of non-strategic business lines (GFD, Ars Industries and
the production unit at Aillevilliers),
• Acquisition of California's MONADNOCK (LISI AEROSPACE).
2004
AcquisitionofFORMa.sintheCzechRepublic(LISIAUTOMOTIVE).
2005
Acquisition of KNIPPING in Germany (LISI AUTOMOTIVE).
Opening of a factory in Canada (LISI AEROSPACE)
Sale of Gradel (LISI AUTOMOTIVE).
2007
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 implants,
• SEIGNOL and INTERMED Application (Neyron – France) and
LIXUS (Tangiers – Morocco), specializing in subcontracting of
dental and orthopedic implants.
2008
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.
2009
On April 1, 2009, the Group sold KNIPPING subsidiary SDU,
which specialized in distributing technical products to mines
and industry in Germany and Poland.
(1) Générale de Forgeage et Décolletage
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