09/21/2017 LISI AUTOMOTIVE, a subsidiary of the LISI group, pursues its internationalization with the acquisition of the American company TERMAX LLC The LISI Group (Euronext Paris ISIN code FR0000050353 - FII) announces the signing of a firm agreement for the acquisition of 51% of the capital of the company TERMAX LLC, a leading designer and manufacturer of metal clip fastening solutions and plastics for car wrapping. Founded in 1971, TERMAX LLC has experienced significant growth which continues today. It has a production and development site of 11,100 m2 in Lake Zurich (Illinois, United States), another of 3,682 m2 in Suzhou (China) and a distribution platform in Queretaro (Mexico ). With more than 400 employees, it achieved sales of nearly $ 74 million in 2016. “With TERMAX LLC, LISI AUTOMOTIVE strengthens its global position in clipped fastening solutions. We will be present not only in Europe and Asia, but now also in North America. There are many synergies between our two groups, both from a technical and commercial point of view. They will enable us to offer a broad base of customers the best development and production capacities both in terms of innovative weight reduction and electrification solutions as well as in the field of equipping autonomous vehicles ”declared François LIOTARD, CEO of LISI AUTOMOTIVE. "For TERMAX, LISI AUTOMOTIVE has established itself as the strategic partner capable of supporting our development, in particular due to the multiple complementarities between our two companies" adds Mike Smith, The transaction is structured in two stages: firstly, the shareholders of TERMAX LLC will sell 51% of the capital to LISI AUTOMOTIVE. This transaction is subject to obtaining regulatory authorizations and the usual closing conditions. It should be finalized during the fourth quarter of 2017, the date from which TERMAX LLC will be consolidated into the LISI Group, with a positive impact on the targeted result from the first full year of integration. Secondly, by fiscal year 2021, the current shareholders have undertaken to sell their remaining shares to LISI AUTOMOTIVE, which will then hold 100% of the capital of TERMAX LLC. FR IN LISI course: € 44.34 17:54 Group Message from the management Key figures Governing bodies LISI Profile Historical Finance Management report Etat de la situation financière Compte de résultat Flux de trésorerie LISI AEROSPACE LISI AUTOMOTIVE LISI MEDICAL Bourse Données boursières Cotation en direct Bureaux d'analyses RSE Ressources humaines Santé et sécurité / Environnement Communiqués Communiqués de presse Information réglementée Rapport annuel Calendrier Espace actionnaire Calendrier des réunions Lettres aux actionnaires Contact Dividende Assemblées générales Contact Liste de diffusion FR LISI AEROSPACE LISI AUTOMOTIVE LISI MEDICAL Groupe mondial spécialisé dans la conception et la fabrication de solutions d’assemblage Voir la vidéo de présentation 21/09/2017 LISI AUTOMOTIVE, filiale du groupe LISI, poursuit son internationalisation avec l’acquisition de la société américaine TERMAX LLC Lire la suite 1 571M€ chiffre d’affaires en 2016 11 587 collaborateurs 44 sites industriels répartis dans 13 pays LISI AEROSPACE Fixations et composants d’assemblage pour l’aéronautique Site web de LISI AEROSPACE LISI AUTOMOTIVE Fixations et composants d’assemblage pour l’automobile Site web de LISI AUTOMOTIVE LISI MEDICAL Sous-traitant d'implants médicaux et d'ancillaires Site web de LISI MEDICAL Groupe Finances Bourse RSE Communiqués Annual Report Calendar Shareholder area Contact Broadcast list