Global law firm Freshfields advises Cicor Technologies, a leading provider in the French Electronic Manufacturing Services (EMS) market across strategic sectors such as aerospace and defence, industry and healthcare, in relation to the acquisition of significant business activities of the French Éolane Group including its sites in Angers, Combrée, Saint-Agrève, Neuilly-en-Thelle and Douarnenez (France), as well as two sites in Berrechid and Témara (Morocco).

This transaction, implemented as part of a pre-negotiated disposal plan (pre-pack) approved by the Paris Commercial Court, saves more than 890 jobs and preserves the recognised expertise of Eolane, a designer and manufacturer of high-tech electronic products, which has been experiencing significant challenges.

The acquisition is also in line with the strategy of Cicor to position Cicor as the pan-European leader in the strategic EMS sector by 2028.