Cicor

Vilters-wangs, Switzerland Founded: 1966 • Age: 60 yrs
Outsourcing services for microelectronics components and electronic solutions are provided.
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About Cicor

Cicor is a company based in Vilters-wangs (Switzerland) founded in 1966.. The company has 3,310 employees as of December 31, 2024. Cicor has completed 7 acquisitions, including Axis Electronics, Evolution MedTec and MADES. Cicor offers products and services including Engineering Services, Electronic Manufacturing Services, and Precision Plastics.

  • Headquarter Vilters-wangs, Switzerland
  • Employees 3310 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cicor Technologies
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
    $530.75 M (USD)
    23.33
    as on Dec 31, 2024
  • Net Profit
    $30.08 M (USD)
    131.74
    as on Dec 31, 2024
  • EBITDA
    $63.57 M (USD)
    31.86
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    3310

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Cicor

Cicor is a publicly listed company on the SIX with ticker symbol CICN in Switzerland, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: SIX · Ticker: CICN . Sector: Electronic technology · Switzerland

Products & Services of Cicor

Cicor offers a comprehensive portfolio of products and services, including Engineering Services, Electronic Manufacturing Services, and Precision Plastics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides testing, product development, and process engineering for electronics.

Offers printed circuit boards and microelectronic assembly services.

Includes tool design, fabrication, and plastic injection molding processes.

People of Cicor
Headcount 1000-5000
Employee Profiles 51
Board Members and Advisors 4
Employee Profiles
People
Alexander Hagemann
CEO
People
Marco Kechele
EVP, Operations
People
Maria-Alexandra Grigore
Quality Assurance Regulatory Affairs Manager
People
George Pirtea
Key Account Manager

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Board Members and Advisors
people
Konstantin Ryzhkov
Director
people
Denise Koopmans
Director
people
Norma Corio
Director
people
Daniel Frutig
Chairman

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Funding Insights of Cicor

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Cicor Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Cicor

Cicor has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include One Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are made in North America and Europe.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cicor

Cicor has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Axis Electronics, Evolution MedTec and MADES. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Medical device engineering services provider for healthcare product development
2018
Weighing scales and systems are manufactured for industrial applications.
2008
Mission-critical communications and intelligent systems are developed for defense sectors.
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cicor

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cicor Comparisons

Employees
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Competitors of Cicor

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cicor

Frequently Asked Questions about Cicor

When was Cicor founded?

Cicor was founded in 1966 and raised its 1st funding round 55 years after it was founded.

Where is Cicor located?

Cicor is headquartered in Vilters-wangs, Switzerland. It is registered at Vilters-wangs, St. Gallen, Switzerland.

How many employees does Cicor have?

As of Dec 31, 2024, the latest employee count at Cicor is 3,310.

What is the annual revenue of Cicor?

Annual revenue of Cicor is $530.75M as on Dec 31, 2024.

What does Cicor do?

Cicor Technologies Group was founded in 1966 and is headquartered in Vilters Wangs, Switzerland. Services in the microelectronics and electronics sector are offered, including production of printed circuit board assembly, system assembly, box building, control cabinet construction, cable assembly, tool making, and plastic injection. Technological solutions for microelectronics, substrate manufacturing, and processing are also provided across 10 global production facilities. Annual revenue of CHF 180 million was reported in 2015.

What products or services does Cicor offer?

Cicor offers Engineering Services, Electronic Manufacturing Services, and Precision Plastics.

Is Cicor publicly traded?

Yes, Cicor is publicly traded on SIX under the ticker symbol CICN.

How many acquisitions has Cicor made?

Cicor has made 7 acquisitions, including Axis Electronics, Evolution MedTec, and MADES.

Who are Cicor's investors?

Cicor has 1 investor. Key investors include One Equity Partners.

What is Cicor's ticker symbol?

The ticker symbol of Cicor is CICN on SIX.

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