LISI GROUP - Activity report 2019

1777 Frédéric Japy sets up a watch movement factory in Beaucourt, near Montbéliard. 1989 GFI is floated on the Paris Stock Exchange’s over‑the‑counter market and becomes GFI Industries. 2016 The LISI Group acquires 100% of the shares of Remmele Medical Operations (USA), which specializes in the manufacture of implants and minimally invasive surgery instruments. 1796 Foundation in Morvillars in the Belfort region of the MIGEON & DOMINÉ factory that was to become VIELLARD MIGEON & Cie. Initially specializing in the production of wire, the company quickly diversified into processing. 1977 GFD acquires BLANC AERO, which specializes in aerospace fasteners and in packaging components for the perfumery sector. This new group is named GFI. This operation is made possible thanks to the entry of the PEUGEOT family into the capital of CID (Compagnie Industrielle de Delle). Over 40 years later, these three families (KOHLER, PEUGEOT and VIELLARD) are still the Group’s key shareholders. 2011 The Group continues the movement to strengthen and build its position in strategic markets started in 2010. The year 2011 was marked by the following transactions: • the disposal of LISI COSMETICS, • the acquisition of the Creuzet group by LISI AEROSPACE. 1990 / 2000 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). 2014 Mainly specializing in the forging of metal parts for aerospace applications, the Manoir Aerospace group was consolidated into LISI AEROSPACE with the aim of strengthening the Structural Components arm with the integration of complementary technologies. LISI AEROSPACE sells two subsidiaries: • INDRAERO SIREN in Argenton-sur-Creuse and Déols (France), • LISI AEROSPACE Creuzet Maroc in Casablanca (Morocco), whose principal activities are sheet metal and the assembly of aerostructures (turnover of €61 million History 2019 Shareholder’s guide 84 LISI 2019