Cicor Group completed the acquisition of Axis Electronics.

Cicor Group, an international technology company, completed the acquisition of Axis Electronics, an European electronic manufacturing services business. Financial terms were not disclosed. “Alantra played a crucial role, providing pragmatic advice and valuable guidance to the shareholders, then using their understanding of our business and global reach to find us the right partner. We have built something special at Axis and in Cicor we have found a partner who shares the vision we have for the future,” Phil Inness, Axis Electronics Chairman.