Oerlikon completed the acquisition of Coeurdor from GEI.

Oerlikon, a surface technologies, develops solutions and equipment, provider completed the acquisition of Coeurdor, a provider of the components for the luxury goods industry, from GEI, private equity firm. Financial terms were not disclosed. “With this acquisition, we are expanding our offering and foothold in the luxury goods market. Coeurdor’s creativity, agility and fast turnaround to meet the needs of customers in the highly demanding luxury market are strong additions to what we offer today in the high-end deco market,” Markus Tacke, Oerlikon CEO.