Cicor Group

Electronics

Leader in providing electronic manufacturing services (EMS) for industrial applications in Switzerland, Northern Italy, and Southern Germany.

Reverse merger with Cicorel (now CICOR, listed on SIX Swiss Exchange) in December 2005

Growth during CGS' engagement

  • Market consolidation by acquiring multiple EMS providers
  • Consolidation of locations to achieve economies of scale
  • Opening of a cost-efficient site in Romania with over 200 employees
  • Centralization of sales and procurement structure
  • Merger with a printed circuit board manufacturer

Country
Switzerland

Fund
CGS I

Acquisition
1999

Sale
2005

Sector
Electronics

Turnover
CHF 140 million

Employees
500