Cicor Group completed the acquisition of SMT Elektronik.

Cicor Group, a electronic manufacturing services provider, completed the acquisition of SMT Elektronik, an electronics service provider for development, engineering and production of electronic assembly groups. Financial terms were not disclosed. "The integration into the EMS division of the Cicor Group opens up new opportunities for the customers of SMT Elektronik as well as of the Cicor Group. Complementary technologies and synergies in materiel sourcing will result in a broader range of services for them with immediate effect. SMT customers will furthermore benefit from Cicor's global presence and comprehensive capabilities," Cicor Group.