11/10/2009
HEADLINES
ACQUISITION: LISI Group To Buy Acument Fastener Plants
The LISI Group subsidiary LISI Automotive has extended an offer to take over two automotive fastener plants in France operated by Acument Global Technologies, the French newspaper L’ Echo reports.
LISI Automotive submitted its offer for an undisclosed sum on November 2.
The two plants are located in Bonneuil-sur-Marne (Val de Marne) and La Ferté Fresnel (Orne), with a combined workforce of 350 and estimated revenue of EUR 40 million (US$59.5 million) in 2009, according to L’ Echo.
The deal is expected to close by December 31. ©2009 GlobalFastenerNews.com
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