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Cicor adds production through Phoenix Mecano acquisition
November 15, 2022
The Phoenix Mecano Group is to sell all its shares in electronic manufacturing services firm Phoenix Mecano Digital Elektronik GmbH as well as Phoenix Mecano Digital Tunisie S.à.r.l. to the Switzerland-based Cicor Group.
Cicor to double its production capacity in Vietnam
September 26, 2022
Cicor Group says it is taking another important step in the implementation of its growth strategy. The EMS provider says it will significantly expand its production capacities at its location in Thuan An City, Vietnam to meet increased demand.
Cicor strengthens management team with new EVP Operations
September 02, 2022
Swiss EMS provider Cicor has appointed Mr. Marco Kechele to the Group Management Team as Executive Vice President (EVP) Operations, effective October 1, 2022.
Cicor receives €30.8 million multi-year contract
August 10, 2022
Swiss EMS provider Cicor Group has been awarded with a major multi-year follow-up business for a total value of around CHF 30 million (EUR 30.8 million) by an unnamed European manufacturer of specialised aircraft solutions.
Cicor expects around 30% growth in 1H22
June 16, 2022
EMS provider Cicor Group says that it expects a sales growth of around 30% in the first half of 2022 compared to the same period in 2021 as a result of acquisitions made and the successful management of challenges in the current difficult business environment.
Cicor completes the acquisition of SMT Elektronik GmbH
April 27, 2022
Cicor Group has completed the acquisition of SMT Elektronik GmbH located in Dresden, Germany.
Cicor Asia moves to new location in Singapore
February 21, 2022
Swiss EMS provider Cicor is opening its new facility in Woodlands, Singapore. The new location will serve as the Asian headquarters of the Cicor Group and as a center of excellence for the development and production of highly precise injection molds for medical technology.
Cicor's is looking to expand in Germany via acquisition
January 17, 2022
Swiss EMS provider Cicor Group says that it is currently in discussions with the owners of SMT ELEKTRONIK GmbH from Dresden, Germany, with the target of acquiring the company's EMS activities.
Evertiq’s industry pulse report – Cicor
December 09, 2021
Europe – as a whole – needs to understand that the availability of electronic components is extraordinarily important for the economic development and security of the continent, according to Cicor CEO, Alexander Hagemann
Cicor closes acquisition of Axis Electronics
December 01, 2021
Cicor Group announces today that the acquisition of all shares of the UK-based Axis Electronics has been successfully closed.
Cicor acquires British contract manufacturer
November 11, 2021
Swiss EMS provider, Cicor Group, announces that it has acquired 100% of the shares of the UK-based Axis Electronics. With this first acquisition within the group's recently announced growth strategy, Cicor strengthens its position in strategically targeted markets and expands its European footprint with a site in the UK.
Cicor's CFO to leave the company next year
July 01, 2021
Swiss EMS provider Cicor says that its CFO, Patric Schoch, will leave the Group at his own request at the end of June 2022 to take up a new challenge outside the company.
Swiss EMS provider gets a new major shareholder
March 03, 2021
Swiss EMS provider, Cicor, has says that HEB Swiss Investment AG, Zurich, has sold all of its shares in Cicor Technologies Ltd. in a binding transaction to an investment vehicle of One Equity Partners (OEP).
Cicor expands capacity at Wangs facility
October 26, 2020
Due to the strong demand for the company’s thin-film services, the production capacities at the Wangs (Switzerland) site will be expanded with immediate effect by an additional shift.
Cicor remains profitable even during the pandemic
August 13, 2020
Following a steady growth in previous years, the Swiss manufacturer recorded a 17.3% decline in sales in the first half of 2020 due to the effects of the global pandemic.
Cicor expands its clean room set up in Bronschhofen
May 22, 2020
Swiss EMS provider Cicor Group is currently expanding its site in Bronschhofen with a 60 square metre ISO Class 6 clean room.
Cicor updates its outlook due to COVID-19
May 18, 2020
Swiss EMS provider, Cicor Technologies, is updating its outlook for the results of the first half-year 2020, as the effects of the global pandemic is becoming increasingly apparent.
Cicor grows despite economic headwind
March 13, 2020
Swiss-based EMS provider Cicor, continued to grow in the 2019 reporting year by gaining market share in a difficult economic environment.
Cicor on its venture into printed electronics
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November 20, 2019
In the first quarter of 2019, Swiss EMS provider, Cicor, opened a technology center for printed electronics at the Bronschhofen site in Switzerland - quite the investment and a completely new territory for the company. Evertiq had the opportunity to talk to Karl-Heinz Fritz, VP of Technology, about the strategy behind this.
