LISI AUTOMOTIVE, a subsidiary of the LISI Group, is pursuing its refocusing strategy and has entered into exclusive negotiations with ZeroBaseInvest GmbH with a view to selling its French subsidiary LISI AUTOMOTIVE NOMEL SAS.
ZeroBaseInvest GmbH submitted a firm offer to LISI AUTOMOTIVE with a view to acquiring 100% of the shares in LISI AUTOMOTIVE NOMEL, which specialises in the manufacture of nuts by cold heading and washers by vertical cutting, notably for the automotive and industrial/distribution markets.
This subsidiary, located in La Ferté Fresnel, France, achieved sales of around €35 million in 2024, drawing on significant positions with automotive manufacturers including Stellantis, Renault, VW, Nissan, as well as industrial distributors and manufacturers of screws and cage nuts. LISI AUTOMOTIVE’s subsidiaries will continue to purchase washers and nuts for its customers’ automotive applications.
This acquisition project completes the range of nuts produced by ZeroBaseInvest through its subsidiary ZB M+F, acquired from LISI AUTOMOTIVE FORMER in 2020. This disposal will enable LISI AUTOMOTIVE to continue refocusing its activities on high value-added fastening solutions and mechanical components for its automotive customers.
This transaction is subject to certain conditions and obtaining the usual required authorisations. It should be completed by the end of February 2025.
Having spent a decade in the fastener industry experiencing every facet – from steel mills, fastener manufacturers, wholesalers, distributors, as well as machinery builders and plating + coating companies, Claire has developed an in-depth knowledge of all things fasteners.
Alongside visiting numerous companies, exhibitions and conferences around the world, Claire has also interviewed high profile figures – focusing on key topics impacting the sector and making sure readers stay up to date with the latest developments within the industry.
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