Éolane France is one of the leaders in the French market for electronics manufacturing services. With a focus on high-mix/low-volume manufacturing for customers in the aerospace & defence, industrial and other highly demanding sectors, the potential transaction would represent an optimal entry point for Cicor into the French market.
On Monday, 3 March 2025, the Paris Court has opened the judicial reorganisation proceedings for Éolane France, Éolane Angers, Éolane Combrée, and Éolane Valence. The offers of Cicor and other bidders received have been filed with the Court. The full content of the offers will be published shortly on the website of the Paris Court registry.
In its offer, Cicor proposes to take over five manufacturing sites in France and two sites in Morocco. If completed, the transaction would add around CHF 125 million to Cicor group sales with a positive profit contribution.
Cicor will not comment further and will communicate in due course, if and when applicable.
Contact
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Media & Investor Relations
Phone +41 71 913 73 00
media@noSpamcicor.com
The Cicor Group is a globally active provider of full-cycle electronic solutions from research and development to manufacturing and supply chain management. Cicor’s approximately 3,450 employees at 21 locations are serving leaders from the medical, industrial and aerospace & defence industries. Cicor creates value to its customers through the combination of customer-specific development solutions, high-tech components, as well as electronic device manufacturing. The shares of Cicor Technologies Ltd. are traded at the SIX Swiss Exchange (CICN).