Cicor Technologies to Acquire TT Electronics in £287 Million Deal

One Equity Partners Acquires 29% Stake in Cicor Technologies Ltd.

July 19, 2021

Manufacturing

One Equity Partners (OEP) has acquired a 29% stake in Cicor Technologies Ltd., becoming the company's largest shareholder and joining its board. Cicor, a Swiss electronic manufacturing services (EMS) provider headquartered in Boudry with more than 2,000 employees and ten production sites, will use OEP's capital and industry expertise to accelerate organic growth and evaluate strategic acquisitions across the fragmented European EMS market.

Cicor Group Acquires Significant Business Activities of Éolane Group

April 18, 2025

Manufacturing

Cicor Group has had its offer accepted by the Paris Commercial Court to acquire significant business activities of the French Éolane Group. The deal, closing April 22, 2025, adds around 890 employees and CHF 125 million of sales, expanding Cicor’s EMS footprint in France and strengthening its position in aerospace & defence, railway and nuclear technology markets.

NXP Semiconductors to Acquire TTTech Auto for $625 Million

January 9, 2025

IT Services

NXP Semiconductors has entered into a definitive agreement to acquire TTTech Auto in an all-cash transaction valued at $625 million. TTTech Auto, based in Vienna, provides safety-critical systems and middleware for software-defined vehicles, and its management team, IP, assets, and ~1,100 engineering staff will join NXP’s automotive organization.

Creation Technologies Acquires IEC Electronics Corp.

October 6, 2021

Manufacturing

Creation Technologies completed the acquisition of IEC Electronics Corp., an electronic manufacturing services (EMS) provider with strengths in aerospace & defense, medical and industrial markets. The deal adds IEC locations in Newark and Rochester, New York and Albuquerque, New Mexico and expands Creation's capabilities with precision machining, interconnect (cable and harness) and analytical laboratory testing services.

TTM Technologies Acquires Telephonics Corporation from Griffon

June 27, 2022

Aerospace & Defense

TTM Technologies completed the acquisition of Telephonics Corporation from Griffon Corporation for $330 million in cash (subject to post-closing adjustments). The deal transfers Griffon’s long‑time avionics and RF business to TTM to expand its aerospace and defense capabilities; Lazard advised Griffon and J.P. Morgan advised TTM on the transaction.

Tuthill Corporation to Acquire EaglePicher Technologies

September 7, 2023

Aerospace & Defense

Tuthill Corporation, a privately held industrial manufacturer based in Burr Ridge, Illinois, has entered into an agreement to acquire EaglePicher Technologies, a U.S. maker of mission-critical defense- and aerospace-grade batteries and energetic devices. The transaction — expected to close in 2023 pending regulatory approvals — brings EaglePicher's ~850–900 employees and multiple U.S. manufacturing sites into Tuthill's portfolio to expand its capabilities and presence in defense, space and aviation markets.