ZerobaseInvest Holding GmbH signed an agreement to acquire Lisi Automotive Mohr + Friedrich Gmbh Muttern + Pressteile from Lisi S.A. on May 26, 2020. Following the transaction, LISI AUTOMOTIVE Former site in Saint Florent sur Cher, France, and the recent acquisitions of TERMAX and HI-VOL PRODUCTS, will enable the LISI AUTOMOTIVE division to continue repositioning its business on high value-added fastening solutions and mechanical components for the automotive market. LISI AUTOMOTIVE Mohr generated the sales of €14.8 million in 2019. The transaction is subject to satisfying certain conditions including relevant regulatory approvals and obtaining the usual required authorizations. The transaction is expected to close by the end of June 2020.