LISI GROUP - Activity report 2014 - page 21

2012
2011
2014
TheLISIGrouprecordeda further
increase inperformance
in terms
of sales revenueandprofit for theyear
2012, thanks to theverysignificant
growthof theAerospacedivisionand
despite thedifficultiesof theAutomotive
division.
•OnMay29
th
, LISIAUTOMOTIVEsold
100%of itsholdings in itssubsidiary
KNIPPINGUmformtechnikGmbH toGris
InvestSAS foranamountof€2.8million.
•Mergerof IndraeroMoroccoandCreuzet
Morocco.
Thegroupcontinuedthe initiative,
started in2010
,of reinforcingand
building itspositioning instrategic
markets.Theyear2011wasmarkedby
the following transactions:
•LISICOSMETICSwasdeconsolidated
onJanuary1, 2011 following thesale
completedasatApril6, 2011. For
the record, thedivisiongenerateda
turnoverof€52.8million in2010.
•The takeoverof theCreuzetgroup,
whichwasconsolidatedasofJuly1,
2011andcontributed€58.9million two
thesales revenueoversixmonths.
TheMANOIRAerospacegroup
,
specializingmainly in forgingmetal
parts foraeronauticalapplications,
wasconsolidated intoLISIAEROSPACE
since theJune5, 2014 tostrengthen
theStructuralComponentsdivision
by integratingcomplementary
technologies.
Toa lesserextent,oneshouldnote in
June2014, theacquisitionof100%of
thecontrol LISIAUTOMOTIVEShanghai,
ofwhichaChinesepartnerheld25%
previously.
LISI 2014
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