Cicor Expands in France with Major Éolane Acquisition

• Cicor Technologies Ltd has acquired significant business activities of the French Éolane Group, as approved by the Paris Commercial Court.
• This acquisition is part of Cicor's pan-European growth strategy and enhances its market leadership in the aerospace and defence sectors.
• The business transfer will be completed on April 22, 2025, with immediate integration and rebranding of Éolane's sites.
• Cicor is integrating five engineering and production sites in France and two in Morocco, adding approximately 890 employees and CHF 125 million in profitable sales.
• The acquisition aims to improve Cicor's EBITDA margin and strengthen its nearshoring capacity for European customers.
• This move follows previous acquisitions in Spain and Switzerland, bringing Cicor closer to its goal of achieving over CHF 1 billion in sales by 2028.

Cicor Technologies

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ISIN:CH0008702190WKN:913744

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