Evertiq - First In Electronics News & Expo

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Mades

August 04, 2025
MADES employs around 100 people and generated sales of approximately EUR 29 million in the 2024 financial year. The company focuses on electronics solutions for the A&D market, which accounts for the majority of its revenue.

Top-30

June 05, 2025
Evertiq has previously reported on the long-term decline of the European PCB industry. Back in the 1990s, the EU accounted for around 20–30% of global production. Today, that figure stands at just 2%. But who are the champions still holding strong in the storm?

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boundry-switzerland

June 03, 2025
Swiss EMS provider Cicor has completed its strategic supply partnership with Mercury Mission Systems International S.A., acquiring Mercury’s electronics manufacturing facility in Plan-les-Ouates, Geneva.

Radeberg-production-site

April 22, 2025
The Cicor Group has secured approval from the Paris Commercial Court for its acquisition of "significant business activities" of the French EMS provider Éolane – a move significantly expands Cicor's footprint in France.

vietman-site

April 15, 2025
Cicor Group has entered into a strategic supply agreement with Mercury Mission Systems International S.A. (Mercury), a technology company active in the global aerospace and defence industry, under which Cicor will acquire a manufacturing operation in Plan-Les-Ouates, Switzerland.

facility-2025

April 07, 2025
Swiss EMS provider Cicor Group has signed an agreement to acquire 100% of the shares of Spanish electronics company Malaga Aerospace, Defense & Electronics Systems S.A.U. (MADES).

March 06, 2025
The previously disclosed discussions between Cicor and Éolane Farnce have reached an advanced stage, and a public offer has been submitted.

boundry-switzerland

January 22, 2025
Swiss EMS provider Cicor has confirmed ongoing discussions with Éolane France regarding a possible acquisition of parts of the French company’s business. This statement follows recent reports in French media highlighting the negotiations.

Radeberg-production-site

January 15, 2025
EMS provider Cicor Group has been nominated by an unnamed European aerospace & defence integrator as a key supplier to a new program of electronic devices used in jet aircraft.

boundry-switzerland

January 07, 2025
Cicor Group has successfully closed its acquisition of German EMS provider Profectus GmbH.

boundry-switzerland

December 03, 2024
EMS provider Cicor continues its expansion spree with yet another acquisition, this time the company is looking to strengthen its market position in Germany.

Expo-WAW24-21

December 03, 2024
The EMS industry faced significant challenges in 2024 – as discussed in an interview with in4ma analyst, Dieter G. Weiss, during Evertiq Expo Warsaw. Weiss provided a thorough summary of the industry's current problems, prospects, and the contrasting dynamics between Western and Eastern Europe.

Radeberg-production-site

November 08, 2024
The acquisition of Nordic Engineering Partner gives Cicor a presence in Sweden, one of Europe’s leading markets for advanced electronics in healthcare tech, industrial and aerospace & defence sectors.

boundry-switzerland

November 06, 2024
A stronger focus on high-growth verticals and the accelerated expansion of R&D services is expected to lead to above market growth organically, the company said.

boundry-switzerland

October 22, 2024
The Cicor Group has decided to discontinue thin-film production at the Ulm site in Germany by the end of June 2025 and to concentrate production at the existing site in Wangs, Switzerland.

Wangs-swiss

October 21, 2024
Cicor is consolidating production at its site in Wangs, Switzerland. Employees at Ulm, Germany, will be offered the opportunity to relocate to the Wangs site or work in a sales role in the Ulm region.

boundry-switzerland

October 16, 2024
The Cicor Group continued its growth path in the third quarter of 2024. Quarterly sales increased by 26.3% to CHF 120.4 million (EUR 128.2 million). The order intake of CHF 121.1 million (EUR 128.9 million) corresponds to a book-to-bill rate of 1.01.

Top-25

September 19, 2024
Top 25 list of EMS companies in Europe only on Evertiq. Respected industry analyst Dieter G. Weiss of in4ma and IPC have prepared a TOP 25 list that includes European EMS firms and global players in Europe.

boundry-switzerland

April 04, 2024
EMS provider, the Cicor Group has completed the acquisition of TT Electronics IoT Solutions Ltd. with three production sites in the UK and China.

Radeberg-production-site

March 05, 2024
Cicor has signed an agreement to acquire TT Electronics IoT Solutions Ltd, with three production sites in the UK and China, from TT Electronics for GBP 20.8 million.

boundry-switzerland

February 28, 2024
EMS provider Cicor Group is further expanding its engineering capabilities in the medical technology sector through the acquisition of Romanian engineering company Evolution Medtec Srl.

boundry-switzerland

October 18, 2023
Swiss EMS provider Cicor has signed an agreement to acquire 100% of the shares of UK-based STS Defence Limited (STS Defence).

boundry-switzerland

October 16, 2023
The outlook remains positive for EMS provider Cicor as the company continues on its growth path in the third quarter of 2023.

Radeberg-production-site

October 12, 2023
The Cicor Group has signed a MoU with Clayens Group to offer one-stop-shop solutions for smart drug delivery devices.

boundry-switzerland

January 23, 2023
Cicor Group has completed the acquisition of 100% of the shares of Phoenix Mecano Digital Elektronik GmbH (PMDE) with two sites in Thuringia, Germany, and Phoenix Mecano Digital Tunisie S.a.r.l. with a site located in Borj-Cedria, Tunisia.

boundry-switzerland

December 16, 2022
Cicor Group says that it is acquiring the thin film business of AFT microwave GmbH of Backnang, Germany in an asset deal. With this acquisition, the EMS strengthens its position as a supplier of thin film substrates in the European market.

testing

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.

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Cicor site Bedford (Axis Electronics Ltd.) pursuit to achieve perfection for its customers

vietman-site

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.

boundry-switzerland

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.

bedford-site

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.

boundry-switzerland

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.

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