Cicor Enters French Market with Éolane Acquisition

Cicor Technologies Ltd. has announced its successful acquisition of significant business activities from the French Éolane Group. This strategic move, approved by the Paris Commercial Court, marks a pivotal step in Cicor's pan-European growth strategy, particularly enhancing its presence in the aerospace and defense sectors.

Éolane, a key player in the French Electronic Manufacturing Services market, also operates in sectors like railway and nuclear technology. The acquisition, set to conclude on April 22, 2025, includes five sites in France and two in Morocco, adding around 890 employees and CHF 125 million in sales to Cicor Group. The integration process will begin immediately, focusing on creating synergies and ensuring long-term success.

Cicor's approach emphasizes customer centricity and operational excellence. With the anticipated expansion of production capacities, this acquisition supports Cicor’s goal of reaching a sales volume of over CHF 1 billion by 2028.