M&A Deal Summary

Cicor Acquires Phoenix Mecano Digital Tunisie

On November 15, 2022, Cicor acquired electrical equipment company Phoenix Mecano Digital Tunisie

Acquisition Highlights
  • This is Cicor’s 2nd transaction in the Electrical Equipment sector.
  • This is Cicor’s 1st transaction in Tunisia.

M&A Deal Summary

Date 2022-11-15
Target Phoenix Mecano Digital Tunisie
Sector Electrical Equipment
Buyer(s) Cicor
Deal Type Add-on Acquisition

Target

Phoenix Mecano Digital Tunisie

Borj-Cedria, Tunisia
Phoenix Mecano Digital Tunisie is a provider of electronic manufacturing services. Phoenix Mecano Digital Tunisie is based in Borj-Cedria, Tunisia.

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Buyer(S) 1

Buyer

Cicor

Bronschhofen, Switzerland

website


Category Company
Founded 1966
Sector Electronics
Employees2,238
Revenue 215M CHF (2020)
DESCRIPTION

Cicor engages in the development and manufacture of electronic components and systems worldwide. The company operates in two divisions, AMS and ES. Cicor was founded in 1966 and is headquartered in Bronschhofen, Switzerland.


DEAL STATS #
Overall 4 of 4
Sector (Electrical Equipment) 2 of 2
Type (Add-on Acquisition) 3 of 3
Country (Tunisia) 1 of 1
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-15 Phoenix Mecano Digital Elektronik

Wutha-Farnroda, Germany

Phoenix Mecano Digital Elektronik manufactures electronic assemblies for customers from medical technology and industry. For the realization of the products, the company provides an entire range of services for electronics production. In addition to the core processes in SMT and THT assembly, it also masters additional services such as cable assembly and hotmelt encapsulation technology in our in-house production. Process reliability is guaranteed by the latest testing technology. AOI, ICT and PC-based test environments enable any desired test coverage. Phoenix Mecano Digital Elektronik is based in Wutha-Farnroda, Germany.

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