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Cicor Closes Strategic Partnership with Mercury and Strengthens Market Leadership in the European Defense Sector
June 3, 2025 | CicorEstimated reading time: Less than a minute
Cicor Group announces today the successful completion of the strategic supply partnership with Mercury Mission Systems International S.A. (Mercury) announced in April.
As part of the partnership, Cicor has acquired Mercury’s electronics manufacturing site in Plan-les-Ouates, Geneva, Switzerland, as planned. The site comprises 34 employees. Mercury and Cicor have agreed to transfer production to Cicor’s sites in Newport (UK) and Bronschhofen (Switzerland) over the next 18 months.
Mercury has committed to sourcing products from Cicor over the next five years. Furthermore, both companies intend to strengthen their strategic partnership in the long term, which is expected to generate additional revenue in the future.
Cicor was selected as Mercury’s preferred outsourcing partner thanks to its technological expertise, comprehensive development and manufacturing capabilities, and strong presence throughout Europe. The acquisition of seven Eolane sites in France and Morocco in April 2025, combined with the announced signing of a share purchase agreement to acquire MADES S.A.U. in Spain, further strengthens Cicor’s position as the leading pan-European provider of mission-critical electronic solutions in the aerospace and defense sector.
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08/04/2025 | Cicor Technologies Ltd.The Cicor Group announces the closing of the acquisition of 100% of the shares in Spanish electronics company MADES S.A.U., headquartered in Málaga (Spain), from the French Latecoere Group.
Cicor Grows Double-Digit Again and Creates Strong Foundation for Further Expansion
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Cicor Acquires Significant Business Activities of Éolane
04/21/2025 | CicorCicor Group announces that its offer for the acquisition of significant business activities of the French Éolane Group has been accepted by the Paris Commercial Court. This strategic transaction marks a milestone in the execution of Cicor's pan-European growth strategy and further strengthens its market leadership in the aerospace and defence sector.
Cicor, Mercury Enter Into a Strategic Supply Partnership
04/15/2025 | CicorCicor Group has entered into a strategic supply agreement with Mercury Mission Systems International S.A. (Mercury), a leading technology company active in the global aerospace and defence industry, under which Cicor will acquire a manufacturing operation in Plan-Les-Ouates (Switzerland).
Cicor Reports Double-Digit Growth Driven by Integration & M&A
04/15/2025 | CicorThe Cicor Group has made a successful start to the 2025 business year. In the first quarter, sales increased by 22.2 % to CHF 131.1 million (Q1/2024: CHF 107.3 million), while order intake increased by 29.1 % year-on-year to CHF 125.8 million.