The Swiss company Cicor, a specialist in electrical and electronic engineering, is on the verge of finalizing a significant acquisition. On March 6, 2025, the company announced that negotiations with Éolane France and the relevant authorities had reached an advanced stage. At stake is the takeover of five sites in France and two in Morocco, located in Berrechid and Témara.
This acquisition, structured as a public tender offer, could significantly boost Cicor’s revenue by 125 million Swiss francs (over 131 million euros). The company has stated that the deal is expected to have a positive impact on its earnings, further strengthening its position in the industry.
Éolane has been operating in Morocco for several years and plays a crucial role in the manufacturing and assembly of electronic circuit boards. With its two industrial sites and a workforce of 350 employees, the company serves 50 clients across various sectors. Its expertise covers everything from prototyping to large-scale production, employing advanced technologies such as surface-mount technology (SMT) and through-hole assembly.
By acquiring these facilities, Cicor is expanding its industrial footprint and gaining access to a skilled workforce in a rapidly growing market. The deal would also enhance the company’s production chain efficiency and allow it to meet increasing demand for high-precision electronics.
The finalization of the transaction is still subject to ongoing negotiations, but if completed, it would mark a key milestone in Cicor’s international expansion.
