# LISI Group acquires remaining 49% of TERMAX LLC

LISI Group announced the signing of an agreement to acquire the remaining 49% equity of TERMAX LLC, making it the sole owner as of July 1, 2020. TERMAX LLC will continue to operate under its brand as part of LISI AUTOMOTIVE.

- Type: Acquisition
- Announced: 2020-06-30
- Where: United States
- Status: completed
- Products: clip-fastening solutions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [LISI Group](https://endata.com/companies/22823.md)
- [LISI Group](https://endata.com/companies/22823.md) (acquirer)
- [TERMAX LLC](https://endata.com/companies/30049.md) (target)

## Sources

- [lisi-automotive.com](https://www.lisi-automotive.com/en/lisi-group-becomes-sole-owner-of-us-company-termax-llc/), 2020-07-02: "With TERMAX LLC, LISI AUTOMOTIVE has extended its global footprint in clip-fastening solutions in a lasting manner."
- [fastenerandfixing.com](https://fastenerandfixing.com/industry-news/lisi-group-becomes-sole-owner-of-us-company-termax/), 2020-07-17: "With TERMAX, LISI has extended its global footprint in clip fastening solutions in a lasting manner."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.